Implode-o-Meter News - Poorest U.S. consumers seen hit hard by T-Mobile, Sprint merge

The poorest U.S. consumers would lose most from the proposed tie-up of wireless carriers T-Mobile US Inc and Sprint Corp, according to consumer advocates who warned the combined company would raise fees for pre-paid and other low-cost mobile phone plans.
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The Federal Communications Commission and Justice Department will likely review the proposed deal to determine if it would harm competition or if it is in the public interest.

While AT&T and Verizon dominate the U.S. wireless market overall, T-Mobile is the most popular among customers who make less than $75,000 per year, and Sprint's pre-paid brand Boost counts 83 percent of its users in that income range, according to data from Kagan, S&P Global Market Intelligence data.
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In its antitrust review, the Justice Department would likely view the prepaid market as a separate market, and if they do the companies could be in for a tough review, experts said.

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Poorest U.S. consumers seen hit hard by T-Mobile, Sprint merge