Strand Suggests T-Mobile Breaking Jobs Promises After Sprint Buy
Strand Consult questioned whether T-Mobile is keeping a commitment to add jobs, made as part of its buy of Sprint, in a report Friday on four-to-three combinations. Carriers sometimes oversell what they can do after a combination, Strand said. “When…
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mobile operators fail to keep their promises, this reflects poorly on future consolidations,” the firm said: “Consider how T-Mobile promised to increase jobs following the merger. While there may be hiring in specialized areas, the total employment of the new entity is well below the total number of jobs of the two parties before.” T-Mobile didn’t comment.