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Democrats will take a look at the T-Mobile Sprint merger



In the ten months since T-Mobile first announced its intention to buy up its competitor, the company cozied up to the Trump administration. The company's executives spent more than 50 nights at the Trump International Hotel in Washington, DC. T-Mobile CEO John Legere spent two nights at the hotel and paid a $ 2,246 per night rate, according to Washington Post . This activity is likely to be seen as an attempt to buy service with the president and will come up during this week's hearings.

The hearings this week will have no direct influence on the government's decision to allow the purchase to go ahead or not. The Ministry of Justice and the Federal Communications Commission may approve or refuse the merger based on their own investigations that will look at antitrust issues and other potential damages. However, the hearings may reveal new information that will pause the regulators. Legends told investors last week that he believes the merger will be completed by June.


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