T-Mobile Says Sprint Deal Could Help Crack Wireless Duopoly

Source: 
Coverage Type: 

T-Mobile US Chief Executive Officer John Legere, who casts himself as a renegade of the wireless industry, said a Sprint deal may help the company challenge the “duopoly” of Verizon Wireless and AT&T.

When asked about a possible merger with Sprint, Legere said T-Mobile needed more airwaves and other resources to take on its larger rivals -- something consolidation could provide. Sprint’s majority owner, SoftBank Corp., is in discussions about combining the carrier with T-Mobile, according to people with knowledge of the matter. “We all need better scale and capability,” he said. “The question starts to be: How do you take the maverick and supercharge it? We either need more spectrum and capability and a lot more investment, or we need consolidation.”


T-Mobile Says Sprint Deal Could Help Crack Wireless Duopoly