Will the Sprint/T-Mobile Merger Affect Your Business?
Recently, T-Mobile announced a landmark decision to merge with Sprint Wireless. This potential merger comes after years of similar attempts, all of which have fallen through. The new company will be called T-Mobile, and T-Mobile’s current CEO will remain in charge of the combined company.
The merger has not yet been finalized, and it is still possible for the deal to fall through or be shut down by regulators. However, it is important to understand this merger and how it may affect your business. At Telecommunications Law Professionals PLLC, we always strive to help our clients ensure they understand and adapt to telecommunications law changes.
Why Did This Occur?
T-Mobile and Sprint have stated that combining companies will establish themselves as a more formidable competitor to other service provider giants like Verizon and AT&T. This move will likely help boost their revenue, as one more competitor (Sprint) will be removed from consideration. Overall, this business decision serves to better benefit their combined company, with the potential to benefit their customers as well.
Trust a Professional for Guidance Through the Merger
Although it is not yet clear how the merger will affect DC and Northern Virginia businesses, you must trust a professional telecommunications attorney to help you understand the change. We offer legal consulting and advising services in the telecommunications field to ensure that our clients can keep up with important changes that may affect their business’s day to day operations.
Our attorneys can offer a risk analysis to help you determine which financial moves make the most sense in the wake of the merger. With this information, you will be able to assess which transactions, if any, to make after the merger to ensure your business remains successful.
Make sure your business can adapt to the aftermath of the T-Mobile/Sprint merger. Contact us today!