Legere scoffs at this, saying he wouldn't want to lose goodwill accumulated from being the "Un-carrier" all these years, stating, "New T-Mobile will make available the same or better rate plans as those offered by T-Mobile or Sprint as of today's date for three years following the merger".
T-Mobile says that if a merger deal with Sprint goes through, the Greater Rochester area will have one of five new "T-Mobile Customer Experience Centers" and that will create at least 1,000 jobs in Upstate New York.
In a new prospectus (PDF) filed with the Securities and Exchange Commission, T-Mobile detailed its vision for 5G and made some claims about what it can achieve as a combined company with Sprint.
T-Mobile CEO John Legere poses with Spring CEO Marcelo Claure before a Senate subcommittee hearing. If the company's merger with Sprint is approved, it claims to "create the highest capacity network in US history". The third and fourth largest wireless providers in the US say that joining forces would allow them to roll out the next generation of wireless networks more quickly and compete better with the top players AT&T and Verizon.
Some critics have argued that combining the networks would mean higher prices for customers, but T-Mobile is guaranteeing that it won't. Legere says that the merger would facilitate the deployment of its 5G network and due to its enormous capacity and lower marginal cost per customer, customers will receive better service and more data at same or lower rates.
While prices would effectively stay the same, there could be changes in rates based on taxes, fees, or third-party surcharges which T-Mobile said in a separate letter to the FCC was "not within the control of New T-Mobile". T-Mobile announced plans to acquire Sprint for $26 billion to merge the two telecom companies.
Shares of T-Mobile were down 3.69 percent as of 4:04 p.m. ET on Tuesday, while shares of Sprint were down 6.09 percent. Sprint's (s) stock price, up 16% over the past year, was unchanged.