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Sprint CEO Dan Hesse working with state regulators to block AT&T’s T-Mobile acquisition

Updated Dec 19th, 2018 7:19PM EST

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Sprint’s CEO Dan Hesse has been a staunch opponent to AT&T’s planned $39 billion acquisition of T-Mobile. He has already proclaimed that the merger would “stifle innovation” in the U.S. wireless market, and now he’s stepping up his game. “Clearly, purely, we want to win and block the merger,” Hesse told Bloomberg in a recent interview. Reportedly, the CEO is working with 18 state regulators to stop the deal, and has even been speaking to CEOs of large U.S. tech firms to get others to speak out against the acquisition. Hesse says he wants the best for the entire industry, not just for Sprint. “The industry just won’t be as innovative and as dynamic as it has been,” he said. “It’ll gum up the works when everything has to go through these two big tollbooths, one that’s called AT&T and one that’s called Verizon.” AT&T’s CEO, Randall Stephenson, has argued the opposite. Stephenson says the merger will improve reliability on his network and will result in net job growth. Despite AT&T’s backing from major industry players such as Facebook, Microsoft, and Qualcomm, Hesse isn’t giving up. “An underdog is not thinking about the point spread; they’re thinking about winning the game,” Hesse said. “We can win this.”



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