T-Mobile, Sprint execs defending merger to lawmakers

Sprint-T-Mobile graphic by MGN.
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WASHINGTON (AP) -- Top executives of T-Mobile and Sprint are taking the case for their $26.5 billion merger to Congress, arguing that joining their companies won't hurt competition or jack up prices for wireless service.

They could face skepticism at a hearing Wednesday. The deal, which must win approval from federal regulators, would combine the nation's third- and fourth-largest wireless companies, creating a new behemoth roughly the size of industry giants Verizon and AT&T.

Obama administration regulators blocked a similar merger earlier this decade when AT&T attempted to purchase T-Mobile, concluding that it would inhibit competition.

T-Mobile and Sprint say American consumers would get more and pay less as a result of the merger and argue that the combination would allow them to better compete as wireless, broadband and video industries converge.