Echoing CFIF, today’s Wall Street Journal board editorial applauds Federal Communications Commission (FCC) Chairman Ajit Pai’s and Commissioner Brendan Carr’s expressions of support for the proposed T-Mobile/Sprint merger:
By joining forces, T-Mobile and Sprint will be better positioned to compete against wireless leaders Verizon and AT&T in the 5G era. Sprint is sitting on loads of mid-band spectrum that boosts wireless speeds while T-Mobile boasts ample low-band spectrum that provides coverage. The combination is likely to provide a faster, denser network.”
As they rightly conclude, “government penalties pale next to the powerful market incentives that already exist for Sprint and T-Mobile to rapidly build out their networks lest they lose market share to Verizon, AT&T, cable companies and even satellite startups being launched by Amazon and SpaceX.” Well put.