February 12, 2019

OVERLAND PARK, Kan. – February 12 2019 – Sprint (NYSE: S) announced today it will withdraw from industry trade association INCOMPAS (formerly Comptel), citing a fundamental disagreement on the competitive benefits of Sprint’s proposed merger with T-Mobile. The withdrawal is effective immediately and Charles McKee, Sprint’s Vice President of Federal and State Regulatory Government Affairs, resigned from INCOMPAS’ Board of Directors and Executive Committee.

“As a founding member of INCOMPAS (formerly Comptel), Sprint has long been a vigorous proponent of competition in the telecommunications industry,” said McKee. “Strengthening competition remains one of Sprint’s bedrock principles. 

“Sprint believes strongly that the most effective way of bringing greater competition to the wireless marketplace is to create an entity with the scale and assets that can challenge the status quo. The proposed merger of T-Mobile and Sprint will allow the creation of a new entity that can deploy a more robust and more advanced network than either company could on its own. While the new company will still be smaller than either AT&T or Verizon, its complimentary spectrum holdings and assets will bring greater coverage and faster services to consumers and will force AT&T and Verizon to respond.

“Unfortunately, the leadership of INCOMPAS has determined that it is in their interest to oppose this strengthening of competition. Given this fundamental shift toward protecting incumbents from a new competitive threat, Sprint can no longer be a member of this organization. 

 

About Sprint:

Sprint (NYSE: S) is a communications services company that creates more and better ways to connect its customers to the things they care about most. Sprint served 54.5 million connections as of Dec. 31, 2018 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading no-contract brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. Today, Sprint’s legacy of innovation and service continues with an increased investment to dramatically improve coverage, reliability, and speed across its nationwide network and commitment to launching the first 5G mobile network in the U.S. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.

 

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