DOJ antitrust chief says there's no reason why U.S. must have four major wireless carriers

While the Obama administration felt that there should be four major U.S. carriers for the sake of competition, the Trump DOJ has no such magic number. That's the word from Makan Delrahim, the head of the Justice Department's antitrust division. Delrahim told reporters on Friday that "I don’t think there’s any magical number that I’m smart enough to glean," and that bodes well for the $26.5 billion T-Mobile-Sprint merger that was announced on April 29th.

Back in 2014, during the Obama presidency, the FCC and Justice Department shut down plans for a T-Mobile-Sprint merger ...