Executives from T-Mobile (TMUS) - Get Report and Sprint (S) - Get Report 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 (VZ) - Get Report and AT&T (T) - Get Report .
The two companies headed to Capitol Hill to face Congress at 10 A.M. ET.
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