What Jim Cramer's Watching as T-Mobile and Sprint Head to Capitol Hill
Executives from T-Mobile and Sprint will defend their $26.5 billion merger in front of a skeptical Congress Wednesday, arguing that joining their companies won't hurt competition or raise wireless service prices, wrote TheStreet's Joseph Woelfel.
The deal, which must win approval from federal regulators, would combine the nation's third- and fourth-largest wireless companies, creating a new company roughly the size of telecom giants and AT&T .
The two companies headed to Capitol Hill to face Congress at 10 A.M.
Jim Cramer's next Action Alerts Plus investing call kicks off Wednesday at 11:30 ET.
Non-members, click here to learn more.