T-Mobile

Report: DOJ unlikely to approve T-Mobile/Sprint deal

T-Mobile CEO John Legere and Executive Director of Sprint Marcelo Claure talk before testifying to the House Judiciary Committee
T-Mobile CEO John Legere (left) and Executive Director of Sprint Marcelo Claure talk before testifying before Congress in March. Photo: Chip Somodevilla/Getty Images

The Wall Street Journal reported on Tuesday afternoon that Justice Department officials told T-Mobile and Sprint that their proposed merger is unlikely to be approved as currently structured, citing anonymous sources.

Why it matters: The companies have said synergies from the deal would allow a faster roll-out of 5G, among other benefits. According to the WSJ, antitrust officials "questioned the companies’ arguments that the combination would produce important efficiencies for the merged firm." U.S. competition enforcers typically focus on a merger's impact on prices for consumers.

YouTube TV hikes prices after inking Discovery deal

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YouTube TV announced Wednesday it is increasing its prices to $50 per month after striking a major multi-year distribution agreement with Discovery Communications to provide channels like HGTV, Food Network, TLC, Animal Planet, Travel Channel, and more.

Why it matters: This is the latest in a series of price hikes for digital TV packages called "skinny bundles." The price hikes, which are occurring as the skinny bundle packages add more channels, show that it's difficult for smaller digital TV packages to compete with the bloated and expensive Pay-TV packages that they sought to displace.