T-Mobile workers in fears of losing jobs

Retail employees and technicians of T-Mobile U.S. Inc, seeking assurance about their job-security as well as non-shrinking of their paychecks as they are in fears of the same in case of T-Mobile is allowed to merge with the smaller rival Sprint, on last Tuesday delivered a letter for Deutsche Telekom CEO Tim Hoettges,.

T-Mobile Workers United is comprise of about 500 members from the wireless service provider and have the Communications Workers of America and the German union ver.di on its back, and in their letter to Hoettges urged him to make confirm and verifiable assurances that incase of execution of merger deal there should not be any job cuts, pays would not be reduced and union activities would not be interfered by the management.

Deutsche Telecom is the holder of 63% stakes in T-Mobile and it did not replied to a Reuters request for comments on the matter.

On late last Tuesday, at the time of a board member meeting with the members of the union in Seattle, union member handed over the letter to that board member to hand over the same to Hoettges.

T-Mobile is already facing a lawsuit filed by the District of Columbia and 15 states against its $26 billion merger deal with Sprint for concerning over the merger deal would result in higher prices for consumers and would be hurting innovation as well as competition in U.S. wireless services market with only 3 major players left in it. The court hearing scheduled to be held on 9th of December.

The deal of merging third and fourth largest U.S. carriers has already been signed off by the Department of Justice while the Federal Communication Commission has also showed signs of giving a go ahead to the deal and has started process to formally approve it.

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Pamela Wilson

Written by Pamela Wilson

Pamela Wilson:- Healthcare
I am Pamela Wilson and I focus on breaking news stories and ensuring we (“News Stories World”) offer timely reporting on some of the most recent stories released through market wires about “Healthcare”. I have formerly spent over 7 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for specializing in quicker moving active shares with a short term view on investment opportunities and trends.

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