A PYMNTS Company

US: Verizon, T-Mobile to address competition at Senate

By  |  February 20, 2014

Verizon and T-Mobile are slated to address the state of competition in the nation’s wireless industry at a Senate panel next week, say reports.

Verizon’s Executive Vice President Randal Milch and T-Mobile Senior Vice President of Government Affairs Thomas Sugrue will appear before the Senate Judiciary Subcommittee on Antitrust, Competition and Consumer Rights, the Senate said Thursday. The executives will offer opinion in the hearing titled “An Examination of Competition in the Wireless Market.” Executives from C Spire and Mobile Future will also attend.

The hearing is scheduled soon after reports said Sprint is set to acquire T-Mobile, a deal that would combine the nation’s second- and fourth-largest carriers.

Reports did not say whether the Senate’s hearing will relate to that possible merger, however experts have said such a deal would likely earn tough scrutiny from government regulators.

Full Content: The Hill

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.