Cellular provider T-Mobile is paying for advice from former Donald Trump campaign manager Corey Lewandowski on their upcoming merger with Sprint, according to a Wall Street Journal report. On Thursday, T-Mobile announced that it hired Turnberry Solutions back in August to help secure federal approval of the merging of the two companies in a takeover deal. Along with that hire came Lewandowski, according to their own statement obtained by WSJ. “Corey Lewandowski is now affiliated with that firm and they have offered perspective to T-Mobile on a variety of topics, including the pending transaction,” the company said in a statement made months after the deal was struck. The linking of Turnberry Solutions to the former campaign manager is noteworthy because previously Lewandowski has denied a connection to iti, despite a Politico report linking him to the firm from September, one month after the T-Mobile deal was struck. It also appears that Lewandowski, whose exact role … [Read more...] about T-Mobile Hired Corey Lewandowski-Linked Lobbying Firm for Advice on Sprint Merger
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NEW YORK (AP) — To gain approval for their $26.5 billion merger agreement, T-Mobile and Sprint aim to convince antitrust regulators that there is plenty of competition for wireless service beyond Verizon and AT&T. The deal announced Sunday would combine the nation’s third- and fourth-largest wireless companies and bulk them up to a similar size to Verizon and AT&T, the industry giants. But the companies argued that the combination would allow them to better compete not only with those two rivals but also with Comcast and others as the wireless, broadband and video industries converge. “This isn’t a case of going from 4 to 3 wireless companies — there are now at least 7 or 8 big competitors in this converging market,” T-Mobile chief executive John Legere said in a statement. He would be the CEO of the combined company. T-Mobile and Sprint have been considering a combination for years. But a 2014 attempt fell apart amid resistance from the … [Read more...] about Sprint, T-Mobile have to sell $26.5B deal to antitrust cops
Updated 8:06 am, Monday, April 30, 2018 Photo: Mark Lennihan, AP Image 1of/1 CaptionClose Image 1 of 1 FILE- In this April 27, 2010 file photo, a woman using a cell phone walks past T-Mobile and Sprint stores in New York. T-Mobile and Sprint are trying again to combine in a deal that would reshape the U.S. wireless landscape, the companies announced Sunday, April 29, 2018 less FILE- In this April 27, 2010 file photo, a woman using a cell phone walks past T-Mobile and Sprint stores in New York. T-Mobile and Sprint are trying again to combine in a deal that would reshape the U.S. ... more Photo: Mark Lennihan, AP The Latest: Will Sprint-T-Mobile combo hurt consumers? 1 / 1 Back to Gallery NEW YORK (AP) — The Latest on Sprint-T-Mobile deal (all times local): 11 a.m. Consumer advocacy groups are worried that … [Read more...] about The Latest: Will Sprint-T-Mobile combo hurt consumers?
Nabila Ahmed and Scott Moritz, Bloomberg Published 11:20 am, Sunday, April 29, 2018 Photo: Andrew Burton, Getty Images Image 1of/1 CaptionClose Image 1 of 1 A T-Mobile store is seen at 7th Avenue and 49th Street on March 23, 2012 in New York City. >>Houston's Fortune 500 companies A T-Mobile store is seen at 7th Avenue and 49th Street on March 23, 2012 in New York City. >>Houston's Fortune 500 companies Photo: Andrew Burton, Getty Images Sprint, T-Mobile in $26.5 Billion Deal to Take On AT&T, Verizon 1 / 1 Back to Gallery (Bloomberg) -- T-Mobile US Inc. and Sprint Corp. agreed to combine in a $26.5 billion merger, creating a wireless giant to compete against industry leaders AT&T Inc. and Verizon Communications Inc. Deutsche Telekom AG, the Bonn, Germany-based company that controls … [Read more...] about Sprint, T-Mobile in $26.5 Billion Deal to Take On AT&T, Verizon