What the T-Mobile Merger With Sprint Means for Consumers [telecom]

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Companies promise faster 5G network, but advocates say prices could rise

By Bree Fowler

T-Mobile and Sprint Sunday unveiled a deal to merge in a bid to better compete with AT&T and Verizon, a move that also would shrink the number of major players in the cellular industry to just three.

For consumers, that consolidation brings with it the possibility of higher prices, according to analysts and advocates, though T-Mobile and Sprint deny that will happen. It also could spur faster development of 5G, the next generation of super-fast wireless connectivity.