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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

T-Mobile's $26 Billion Sprint Purchase 4 Years Ago Resulted in Markedly Higher Consumer Pricing on Wireless, Report Says

T-Mobile.

Nearly 50 months after T-Mobile's controversial $26 billion acquisition of rival U.S. mobile network operator Sprint closed, the worst fears of critics have been realized -- American consumers are paying significantly more each month for wireless service.

In a new report (first reported on in the U.S. by Light Reading), Finland's Rewheel Research claims that wireless markets with only three mobile network operators (MNOs) pay a lot more for wireless service vs. markets with four MNOs, as the U.S. once stood before T-Mobile gobbled up its No. 4 ranked rival. 

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