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 PalloneHouse committee launches probe into live event ticket companies Democrats press Trump officials over drop in ObamaCare signups amid website problems Congress extends flood insurance program for 13th time since 2017 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. DoyleDemocrats demand FCC act over leak of phone location data Hillicon Valley: Google, Reddit to testify on tech industry protections | Trump joins Amazon-owned Twitch | House to vote on bill to combat foreign interference Reddit, Google to testify before House panel on tech's legal protections MORE (D-Pa.) and David CicillineDavid Nicola CicillineHillicon Valley: Federal inquiry opened into Google health data deal | Facebook reports millions of post takedowns | Microsoft shakes up privacy debate | Disney plus tops 10M sign-ups in first day Top antitrust Dem presses DOJ, FTC on Google's Fitbit acquisition Hillicon Valley: California AG reveals Facebook investigation | McConnell criticizes Twitter's political ad ban | Lawmakers raise concerns over Google takeover of Fitbit | Dem pushes FCC to secure 5G networks 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.