House committees to hold joint hearing on T-Mobile-Sprint merger

House committees to hold joint hearing on T-Mobile-Sprint merger
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Two House committees will hold a joint hearing next month on the $26 billion T-Mobile-Sprint merger, the chairmen of the committees announced Monday.

The Judiciary and Energy and Commerce committees will hold the hearing on Feb. 13. T-Mobile CEO John Legere and Sprint Executive Chairman Marcelo Claure will both testify at the hearing.

The merger would combine two of the four major wireless carriers in the U.S. The two companies last month won security approvals for the merger. 

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Judiciary Committee Chairman Jerrold Nadler (D-N.Y.) and Energy and Commerce Committee Chairman Frank Pallone Jr.Frank Joseph PalloneBooker takes early lead in 2020 endorsements Hillicon Valley: EU hits Google with .7 billion antitrust fine | GOP steps up attack over tech bias claims | Dems ask FTC for budget wishlist | Justices punt on Google privacy settlement Dems ask FTC if it needs more money to protect privacy MORE (D-N.J.) said in a joint statement that the hearing is necessary to "examine the effects on important issues like jobs, costs to consumers, innovation and competition."

"A merger between T-Mobile and Sprint would combine two of the four largest wireless carriers and the carriers with the largest numbers of low-income customers. As the Committees with oversight of the Federal Communications Commission and Department of Justice, we must hold this hearing to examine the effects on important issues like jobs, costs to consumers, innovation and competition," they wrote.

"We look forward to examining this merger from the perspective of what is in the best interest of consumers and hardworking people," they added in the statement.

The statement was also signed by Reps. Mike DoyleMichael (Mike) F. DoyleHouse Dems plan April vote on net neutrality bill GOP pushes back on net neutrality bill at testy hearing Hillicon Valley: Lawmakers press officials on 2020 election security | T-Mobile, Sprint execs defend merger before Congress | Officials charge alleged Iranian spy | Senate panel kicks off talks on data security bill MORE (D-Pa.) and David CicillineDavid Nicola CicillineRepublicans defend McCain amid Trump attacks EU fines Google .7B over advertising agreements On The Money: Liberal groups pressure Dems over Trump's tax returns | Top Trump economist says tax cuts powering economy | Trump Jr. slams Theresa May over Brexit delay | Watchdog warns of 'rosy' assumptions in Trump budget MORE (D-R.I.), the chairmen of the Energy and Commerce Subcommittee on Communications and Technology and the Judiciary Subcommittee on Antitrust, Commercial and Administrative Law, respectively.