T-Mobile and Sprint execs tell senators merger would improve, not hurt, competition [telecom]

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By Mike Snider

A Senate Judiciary subcommittee's look Wednesday into the T-Mobile-Sprint merger's potential impact on competition came down to simple arithmetic: Does subtracting one of the top four wireless competitors leave three competitors or two?

T-Mobile's all-stock deal for Sprint would create a $146 billion wireless provider in a better position to compete against the two largest carriers, AT&T and Verizon, the companies have said. The merger, announced in April, is also under scrutiny by the Justice Department.