Justice Department reportedly wants T-Mobile and Sprint to create a new fourth US carrier to gain merger approval
One of the pressing concerns about the proposed merger between T-Mobile and Sprint is that it would shrink the market of major US wireless carriers from four down to three. But according to a report from Bloomberg tonight, the Department of Justice might be pushing for a way to prevent that: apparently, the DoJ wants to see T-Mobile and Sprint “lay the groundwork” for an entirely new carrier to emerge as a condition of any potential approval of their merger.
By the sounds of it, this would be a spun off mobile provider with its own network cobbled together from assets and spectrum that currently belong to T-Mobile and Sprint. Bloomberg doesn’t mention how receptive the two carriers are to this idea, nor does it detail how everything...