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 reaches deal on continuing resolution, vote expected Thursday Democrats hold first hearing in push for clean energy by 2050 EXCLUSIVE: Swing-state voters oppose 'surprise' medical bill legislation, Trump pollster warns 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. DoyleHere are the 95 Democrats who voted to support impeachment House panel advances anti-robocall bill House Democrats seek bipartisan working group on net neutrality MORE (D-Pa.) and David CicillineDavid Nicola CicillineLeaders of House antitrust investigation to meet with Zuckerberg Pelosi: Lewandowski should have been held in contempt 'right then and there' Nadler considering holding Lewandowski in contempt 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.