The mobile market is a battle between giants. US No. 3 and 4 careers combined
No matter how much 5G you have, if your cell phone bill goes up, you won't be able to survive.
After more than a year, the FCC (Federal Communications Commission) in the United States has finally given the go-ahead to merge T-Mobile and Sprint. The combined company, dubbed New T-Mobile, will become America's second-largest carrier, according to data from earlier this year. By the way, the top market share is Verizon with 40.9%. New T-Mobile has 29.4%, trailing AT&T (28.9%) in third place.
An oligopoly might progress...?
However, as part of the terms of the deal, rather than the "you can merge if you keep this" deal negotiated by the Justice Department earlier this year, T-Mobile and Sprint have sold more than 20,000. The mobile phone site and several retail stores are to be sold to Dish, which has the fourth largest market share in the country.
Dish was originally opposed to a merger of the two companies. It even comes with the added bonus of access to New T-Mobile's network for seven years until you build your own coverage.
The biggest fear for consumers, though, is that the T-Mobile/Sprint merger will drive up wireless prices across the US. T-Mobile CEO John Ledger has promised not to raise prices for three years after the merger, but it's now the established theory that prices will rise in a market where there's no competition. The data also suggest that.
Another benefit of the merger would be faster deployment of 5G networks. Even before the merger was approved, T-Mobile and Sprint have been working on complementary 5G strategies.
T-Mobile has focused on building low-band sub-6GHz and mmWave, and Sprint on mid-band 2.5GHz. Since the two companies will merge, the joint network should be able to achieve high-speed and long-distance transmission.
Opposing Forces ``I Can See a Future of Rising Prices''
However, there are also strong opponents of the merger. FCC Commissioner Jeffrey Starks said:
Former FCC Commissioner Jessica Rosenwalsel also echoed Stark in a letter to Gizmodo.
It remains to be seen how the merger will affect current T-Mobile and Sprint users. T-Mobile's Uncarrier event will take place on November 11th, so we'll have to wait and see for more information there.