T-Mobile’s merger pitch to Congress is about China beating America on 5G
The CEO of T-Mobile and executive chairman of Sprint are set to be heard in front of House lawmakers tomorrow about their proposed merger, but newly released testimony is already giving a glimpse into how the companies will make their case. In one word: China.
In prepared remarks, T-Mobile CEO John Legere ties the proposed merger to “American innovation and national security,” and specifically argues that the merger will be necessary to make the United States a leader on next-generation 5G network technology. “The stakes are high — nothing less than preserving our edge in innovation and maintaining our security,” he plans to say.
The CEO plans to say that the US is “falling behind” China on 5G, which he says “has taken a global lead in…