so, t-mobile and sprint have been feisty competitors to at&t and verizon. both allow customers to unlock phones and move the market to unlimited data. more importantly, this gets lost in the weeds with discussion, sprint owns rigid mobile and boost mobile. and -- owns -- through the larger carriers that low-income folks pay for ahead of time. [inaudible] a monthly basis. you combine those three and it will do damage to low-income consumers. the larger picture is it means less competition and less choice for consumers and more probability they will act in concert with verizon, at&t to raise prices and no longer be that destructive force that t-mobile and sprint has been particularly since the merger fell apart in 2011. the second thing is the notion of all of these competitors out there. t-mobile talked about it is not a 4 - 3 market. comcast has 577,000 customers. as compared to 116 million for verizon, 93 million for at&t, and 98 or hundred million combined. that's a drop in the bucket. more importantly, comcast doesn't on its own network. mobile wireless n

t. and time warner they say that's vertical integration in the case of a sprint and t. mobile which we have here you're buying out your competition so i think they're big hurdle is going to be with the f.c.c. and with the d.o.j. because regulators are going to say you're just trying to monopolize the market now there's going to be three choices so you know fewer choices are usually kind of bad for the consumer but you know with all these guys investing billions and tens of billions of dollars into expanding their networks anyway i think we're going to be able to get over those dead zones and role of communities and the connectivity that you say that will help education health commerce will be able to get over those pretty soon in the in the very near future great analysis mill i think you're right they may be playing on hoping that president trump will hope that he's going to be president five g. that's right all the f.c.c. on this thing that's right manila chant thank you for being here garish it. and now we go to miami where climate change and rising sea levels are reshaping

s of team mobile and sprint appeared in a joint commercial to announce their plans for today were announcing that t. mobile and sprint have reached a definitive agreement to come together and form a. new stronger company a company that will super charge the on carrier strategy create robust competition and lower prices across wireless video and broadband a company that will create thousands of new american jobs and the only company with the capacity to quickly create a broad and deep nationwide five g. network the two exacts focusing on the union creating new jobs and bringing nationwide five g. service and expanding access across rural america gary even playing the china card saying that america is falling behind china as a leader in five g. technology as the only card left to play after a previously failed bid presented to antitrust regulators just a few years ago the risk of rejection by the department of justice will play an important role in the number of choices consumers will have talking points are catered to the ears of president donald trump whose administration has outlined a desire to o

t-mobile and sprint have both been feisty competitors to at&t and verizon. t-mobile was the first company to get rid of two-year contracts. both about their companies to unlock their phones. both move the markets to unlimited data. even more importantly, and this is something that gets lost in the weeds of this discussion. sprint owns virgin mobile and bruce mobile. metro pcs.ns those are three of the largest prepaid low-cost carriers. these are carriers that low income folks pay for ahead of time. you combine those three and it were really do damage to low income consumers. it will have less choice as well. but the larger choice is, four to three means less choice for consumers, more competition and more probability that they were act in concert with verizon and at&t to raise prices and no longer be that deceptive force that t-mobile and sprint have been, particularly since the at&t/t-mobile merger fell apart in 2011. that is the big picture. the second thing i want to address was the motion of all these -- out there. the t-mobile ceo said this is not a four

so t-mobile and sprint have both been feisty competitors to at&t and verizon. t-mobile was the first company to get rid of two-year contracts. both allowed their customers to unlock their phones. both moved the market to unlimited data. and even more importantly -- and this is something that kind of gets lost in the weeds of this discussion -- sprint owns virgin mobile and boost mobile. and t-mobile owns metropcs. those are three of the largest pre-paid low cost carriers. these are carriers that folks, low income folks pay for ahead of time, okay? it's not on a monthly basis. you combine those three, that's really going to do damage to low income consumers. they will have less choice as well. but the larger picture is 4-3 means less competition, less choice for consumers, more probability that they will act in concert, the come binded company will act in company -- in concert to raise prices and no longer be that disruptive force that t-mobile and sprint have been particularly since the at&t/t-mobile merger fell apart in, i believe, it was 20 finish. >> '11. >>

at&t and verizon for years have been on top of the wireless carrier market t- mobile and sprint beingd fourth players that could all change if regulators approve the t- mobile and sprint merger. the new company would take t-mobile's name.. they are taking the lead on this merge.. connie guglielmo editor in chief of cnet news says if the deal goes through it will take more than a year so for now, not much changes.. sound from connie guglielmo - editor in chief of cnet news "if you are a sprint customer you still are.. nothing for a while changes" connie says if the merger goes through adn your a sprint customer depending what phone you have you might have to get a new one. sound from connie guglielmo - editor in chief of cnet news"these phones are not all compatible on different networks" connie guglielmo like most analysts gives this deal a 50-50 shot of getting through government regulators who want to keep competition thriving and keep existing jobs. sound from connie guglielmo - editor in chief of cnet news"first thing they do is cut jobs when merging normally" both t-mobile and sp

t-mobile and sprint have stated their case for a merger. john ledger and marcelo clarity laid out the tire based on the announcement the company presented on april 29. it needs approval from the fcc and must clear antitrust hurdles at the justice department. the proposed merger four years ago was rejected. goldman sachs to pay about $110 million to resolve claims that foreign trade exchangers improperly shared information about client orders in rooms.nic chat the bank will pay roughly 50 family dollars each to new york's department of financial services and the federal reserve board. they will also provide regulators with a plan to improve internal control and compliance. betty: wednesday sees a big expansion in china's stock connect with hong kong. investors predicting greater volumes through the gateway. this up on quota will instinct to the equivalent of 7 billion

at&t and verizon for years have been on top of the wireless carrier market t- mobile and sprint being the distant third and fourth players that could all change if regulators approve the t- mobile and sprint merger. the new company would take t-mobile's name.. they are taking the lead on this merge.. connie guglielmo editor in chief of cnet news says if the deal goes through it will take more than a year so for now, not much changes.. sound from connie guglielmo - editor in chief of cnet news "if you are a sprint customer you still are.. nothing for a while changes" connie says if the merger goes through adn your a sprint customer depending what phone you have you might have to get a new one. sound from connie guglielmo - editor in chief of cnet news"these phones are not all compatible on different networks" connie guglielmo like most analysts gives this deal a 50-50 shot of getting through government regulators who want to keep competition thriving and keep existing jobs. sound from connie guglielmo - editor in chief of cnet news"first thing they do is cut jobs when merging normally"

and the t. mobile is basically taking the sprint t. mobile as the bigger of the two companies worth about fifty five billion and then sprint would be absorbed into it to a new company and guess what they're going to be called t. mobile so we're seeing this thirty third entity coming to existence if that happens it will be a big three then obviously now both these companies together have about sixty billion dollars in debt so moving forward this would be a good merger so they can fight this debt together and obviously when they're fighting against eighty and t. and verizon those are two massive companies this gives them a bit of a gain when it comes to the whole deal of who who can fight through this war of wireless better than the others so this actually puts them into a position where they can play the game a little bit better than they would have been able to before alex this may be a loaded question it probably is big and may be something that's going to be discussed in court if they goes the route they did with a t.n.t. time warner

it's a big deal and this video featuring the c.e.o.'s of sprint and t. mobile is proof that two wireless carriers are doing what they can to get everyone on their side they say the merger will help them better deliver mobile services to customers in particular the latest and greatest five g. technology i'm only system eight that america early for leadership added millions of jobs in this country and billions in u.s. g.d.p. i mean five g. the stakes are even higher just to put this in perspective the different day for g.m. five g. is the difference between black and white t.v. i'm color t.v. but that may not be the most important thing untie trust authorities may say the deal could harm competition much like they did in two thousand and fourteen and some analysts believe the merger could be subject to more scrutiny because both team obama and sprint owned by foreign companies by germany's deutsche telekom and tokyo based softbank group so t. mobile and sprint have their work cut out for them if this deal is to see the light of day well our correspondent in new y

subject to more scrutiny because both team obama and sprint owned by foreign companies but germany's deutsche telekom and tokyo based soft bank group so t. mobile and sprint have their work cut out for them if this deal is to see the light of day. well our correspondent in new york and schooled as mall on this mega niger as well as reaction from wall street. three times is the charm for the third time in four years the companies have talked about putting their corporations together overall wall street is rather upbeat that such a deal would make a lot of sense a lot of cost savings and we would see a third big player in this field here in the united states but the big big question remains if the corporations if sprint into mobile us will win approval of u.s. regulators and at least the sentiment on wall street is that this is rather unlikely and we saw heavy selling pressure especially on the stock offspring that lost about fifteen percent in value but also the stock of t. mobile us under heavy pressure and then if the companies would have agreed already last fall at least that would have been much better for sprint because the stock price was

in others, as we watch t-mobile and sprint yesterday struggle in the stock market on the announcementf the deal, you won't know, to your point, the answer for a long period of time and despite what our strong promises from the companies and the promise, of course, of significant financial gain as a result of the deal, it's just too hard people move on they look at other potential opportunities. you know, that are available to them with a lot less price. >> what are the potential opportunities? cds? checking account atm? >> more than we did a few months ago, right >> yeah. what do you got there? holes in the backyard. those are attractive now. >> you sound like you're -- it's a little bit of a different time than it is, jim. do you just miss me? not having me next to you is bumming you out? >> i miss the love you always show me, particularly when philly teams lose every single game yesterday and that idea we'res be ton. boston is boston that was a difficult game last night. just added to the whole negativity and if apple lose tonight and phillies lose, i'll let you come by on the red e

t. mobile and sprint about they're going to get russia to five g. and that that is sort of a ploy as it were for president trump who might want to be president five g. to go ahead and try to push the f.c.c. to approve this deal that that has any merit it has some merit if there's some substance behind it if there's not any substance. and it it won't it won't carry the day right now what we've heard from t. mobile and sprint is that they're doing just fine right there they've been doing great and in terms of being able to roll out for five g. so what is you know what's real what's not here you know do you need this merger or don't you. know a lot from a borrower mozart thank you for joining us indeed sure for shit. while the advancement of technology has certainly taken a hit on old school movie theater business that doesn't mean that the business is done for across the nation some theaters are changing their model in order to get more people in their seats to give us a look at how these theaters are stepping up their game we hand it over to trinity j

t. mobile and sprint is that they're doing just fine right there they've been doing great and in terms of being able to roll out for five g. so what is you know what's real what's not here you know do you need this merger or don't you under a bar a law firm of doyle barlow and mozart thank you for joining us in deep shit. while the advancement of technology has certainly taken a hit on old school movie theater business but doesn't mean that the business is done for across the nation some theaters are changing their model in order to get more people in their seats to give us a look at how these theaters are stepping up their game we handed over to train each of us. while some people like to netflix until there are some theaters that are actually worth leaving your couch for some have food and fancy drinks and some have some of the most comfortable recliners that you've ever sat in revolutionizing your movie experience one theater at a time. our goal is really for gus to escape for them to create memories with us and for them to have access to this experience through what we call an afforda

and u.s. treasury secretary steven mnuchin. t-mobile buying sprint for $26.5 billion stock to take on verizon and at&t. some still fear the deal will get blocked. we will hear from ceo john ledger. apple earnings are just around the corner and investors will finally have an answer, did iphone x sales live up to the hype? but first, sprint tumbling 10% on concerns regulators may reject t-mobile's agreement by a uy the company worth $26.5 billion. t-mobile and sprint are hoping it will let them get a jump on verizon and at&t when it comes to building a next-generation network. today, we sat down with t-mobile ceo john legere. >> talk about the deal and talk about the value to shareholders. and second, talk about why it will get approved. those two things together will drive shareholder value. you said 26.5 billion dollars. it is actually $145 billion enterprise value combined company. what we are going to have starting from day one is $75 billion to $57 billion service revenue that will grow 2% to 4% annually. with a $6 billion run rate, and the cash f

. >> on c-span two the communicators is next with a look at the proposed merger between t-mobile and sprint. that's followed by supreme court oral argument in a case decided today that clears the way for states to legalize sports betting. later, orin hatch and richard blumenthal speak on anti- trump >> in 1979 c-span was created as a public service by market television companies. today we bring you unfiltered coverage of congress, the white house, the supreme court and public policy events in washington, d.c. and around the country. c-span is brought to by your cable or satellite provider

its merger in the u.s., t-mobile and sprint, and now the liberty global deal.s in 30 minutes time. ♪ guy:

and the t. mobile is basically taking the sprint t. mobile as the bigger of the two companies worth about fifty five billion and then sprint would be absorbed into it to a new company and guess what they're going to be called t. mobile so we're seeing this thirty third entity coming to existence if that happens it will be a big three then obviously now both these companies together have about sixty billion dollars in debt so moving forward this would be a good merger so they can fight this debt together and obviously when they're fighting against eighty and t. and verizon those are two massive companies this gives them a bit of a gain when it comes to you know the whole deal of who who can fight through this war of wireless better than the others so this actually puts them into a position where they can play the game a little bit better than they would have been able to before alex this may be a loaded question it probably is big and maybe something that's going to be discussed in court if they goes the route they did with a t. and t. t

cautiously optimistic, but those career types that scheduled this deal in the past, people at t-mobile and sprintedger are worried about. one other thing we should point out that the at&t-time warner trial is over. that is the government's attempt to break it up. this, even if the government loses this, i think there is a very good chance this thing carries on. i will tell you why. it is very clear that the antitrust chief told his staff to prepare an appeal of the case. at that doesn't mean they will definitely do it. but i'm hearing that mr. delrim is indicating to people that they have to prepare an appeal. it is not just a pro-forma thing. that he is leaning towards appealing this if they lose. i'll tell you, neil, that will have major implications for this deal. let's say at&t wins, right? no conditions attached. they win. and then the government appeals, as the deal comes together. guess what? you go before the d.c. circuit appellate court, very liberal court which could upend the deal. it become as risk factor for investors if you're buying, you're buying time warner, which essentially wil

liz: hold on one second, t-mobile and sprint. s day three that the stocks have not recovered, and it's a moment, even three days after the announcement of the merger, t-mobile is down 5% at the moment, i'm sorry, sprint is down 5 and t-mobile is down 5. >> right. liz: but your sources are telling you this may pass regulatory muster. >> listen, two things, people inside t-mobile tell me it's not a slam-dunk. they're going to have to prove themselves. i can tell you that inside the d.o.j., inside the antitrust division, particularly among the political types, they like this deal better, this deal is as we reported on your show, is less problematic to them than the at&t-time warner. particularly if at&t-time warner prevails and they do the merger, a lot of people say it could pass the regulatory muster. here's the fly in the ointment and the reason why t-mobile and sprint are cautious. there are two people in the justice department, the political types and the guys that have been there a while, and people who have been there a while

its merger in the u.s., t-mobile and sprint, and now the liberty global deal. the cash trade starts in 30 minutes time. ♪ guy: president trump walks away from the iran nuclear deal caret oil climbs more than 2% from the announcement. watch total, watch airbus, watch renault at the open. deutsche's to be cutting as many as one in five jobs at risk. the ceo retreats from the lenders less profitable businesses. breaking moments ago, liberty sells its german and eastern european units to vodafone for 19 billion euros. deutsche's will ask ceo what it means for his business. absolutely, one of the many topics i will discuss with tim hudson us -- tim today. he has this acquisition that his u.s. unit is pushing through in the u.s.. very important to earnings and he has boosted his forecast for the full year. take a look as we are 30 minutes from the european trade. what futures are doing. as far as the equity index futures trade is considered, a mixed picture. it looks like it did yesterday morning where we don't really have a clear sense of direction. although, more m

t-mobile and sprint together is the only company that can change that. 5g is critical for the countrywe will change that. we will supercharge the uncarrier. what we have said is that customers can look forward to a broader range of service, where -- more rural competition and broadband competition is at lower prices. and last of the three, jobs will go up. that is why it is going to get approved. and when that happens, the shareholder benefits. vonnie: this is what you have pitched, a job positive merger. 18 months alone. benefits to the consumer, particularly the rural consumer. and sending off china and korea. i like how you threw korea in there on 5g. will that be enough to sway a regulator that has only given the go-ahead to one media deal? the other one had a lot of trouble. john: the statistics are our leadership as a country in 4g spurred so much innovation. in 2016, there was $3.3 trillion globally in the mobile economy driven by what we did. uber, snapchat came out of 4g leadership. facebook and amazon, these companies grew because of it. in 5g, right now, what is going to be

a transactionarr: where sprint and t-mobile are filing application with the commission. mergek for approval to the two companies. we will open up a proceeding and we welcome all stakeholders to participate vigorously in that. that will be one of the russians . it will be an abstract question. transactionrticular , potential combination on t-mobile and sprint -- that decision will have to be made with the particulars of that transaction. -- do you expect there will be a lot of ?pposition to that merger how contentious do you expect that want to become. commissioner carr: i hope to see a lot of robust competition -- participation. analysis, we want the consumer group -- groups to come in. we will take a hard look at all of that. we will make a decision was in the public interest and what is not. >> is this the kind of proceedings where you get hundreds of thousands of files? how is it -- how hard is it for you to sort through what is ?oing on -- somes it looks like of the nature of the comments are dubious. that couldr carr: get thousands or tens of thousands title to we h

t-mobile and sprint are hoping the combination would let them get a jump on at&t and verizon when it to building a next-generation network. bloomberg's vonnie quinn sat down with t-mobile ceo jon leger on monday to talk about the deal. take a listen. jon: what we have got today is the start of doing two new things. one is talk about the deal and the value to shareholders and secondly, why now and how will that be approved? those things together will drive shareholder value. this deal is actually a $145 billion enterprise company combined. what we will have starting from day one is $75 billion of topline revenue, 55 billion dollars in service revenue that will grow 2% to 4% compounded annually. billionill start at $22 to $23 billion and up to margins of 55%, 57%. the fun part is the synergies of $43 billion with a $6 billion run rate and the cash flow by 2025 will be $16 billion to $18 billion. if you are a shareholder, this has huge value. people are asking why now and will it get approved? that is my job starting day one. i am so confident of the plan that we have got. there are thre

former senior fccser to tumblr and former mission or robert mcdowell talk about the proposed t-mobile and sprint merger and its possible impact on the communications world. >> i think it is a great idea because it will help accelerate 5g deployment in the u.s. the government regulators have a decision to make wages do they want to make a decision to help accelerate 5g deployment? or are we going to go back to some sort of industrial policy that looks through the rearview mere rather than through the front of a windshield? >> sprint owns virgin mobile and sprint mobile. and t-mobile own --. lowe are carriers that income folks pay for ahead of time. not on a monthly basis. if you combine those three, that will do damage to low income consumers. >> watch the communicators monday at 8:00 eastern on c-span2. monday on landmark cases, regents of the university of v. fornia the bucky -- bockey. over ined he was passed favor of less qualified minority applicants and took the california system to court. the resulting supreme court decision struck down the university's admissions program constitutionality

. >>> t-mobile and sprint hope to join forces to better compete against verizon and at&t. if the $26.5 billion merger goes through, t-mobile would become the nation's second largest wireless carrier. the impact on consumers is still unclear. t-mobile customers could see savings as operations consolidate, but some analysts worry less competition could lead to higher prices for everyone. that could help get people t harm's way >>> researchers at cal tech are developing an autonomous drone ambulance that could help get people to a hospital or out of harm's way in an emergency. cbs reporter chris martinez shows us how it works. >> taking off in three, two, one. >> reporter: it's technology designed to save lives. researchers at the california institute of technology describe this autonomous ambulance as the future of emergency response. >> we are calling it actually a personal rescue system. >> reporter: professor maury garrub said the self-flying rescue drone has been in development for two years. it's designed to rapidly fly a patient to a hospital or rendezvous point with a

from at&t's own internal documents that it sought to use its merger with time warner to raise prices and hinder competition from online video services. a proposed merger between t-mobile and sprint, scarce competition and wireless. big broadband companies have more financial incentive unless market deterrents to obstruct competition than ever before. in the chairman's plans would enable those broadband companies holding near monopolies to consolidate even more power. if broadband companies are able to block, throttle, or charge fees for certain applications on the website the result will be higher prices, less innovation, and fewer new products. reversal of net neutrality is a consumers worst nightmare. it is also a nightmare for small businesses in competition, innovation, and creativity in america. i urge my colleagues to support the resolution of disapproval of the disastrous plan to rollback net neutrality. it is vital to protecting consumers and small businesses and to uphold the integrity of the rulemaking process. if this effort fails to succeed, the challenge and the court will overturn chairman pies rollback of net neutrality. because he embarked on a preordained purpos

t and time warmer. the justice department claims that would hurt consumers and competition. t-mobile and sprint are competitors in the market like com. they've entered the mobile sector." we will see. this is going to be a long battle to get this deal approved. >> all right. jill schlessinger with all you need to know about money and financials. >>> a mess at a bay area old navy. how driver says his car ended up completely inside the -- >> and coming up, we are inside oracle arena as preparations are underway for game 2 of the western conference semifinals. that story coming up. to move california forward, we need to help more californians get ahead. that's why antonio villaraigosa brought both parties together to balance the state budget with record investments in public schools... and new career training programs. as mayor of la, he brought police and residents together to get illegal guns off the streets and keep kids out of gangs, and on the right path. that's antonio villaraigosa. a governor for all of california. forecast in just a few minutes. check out this mess in the north bay -- this

and actually pans out....the combined company would take on t-mobile's name... and it would leave just two other major wireless carriers in the u.s. --- verizon and a- t-and-t. sprintbig promises...including a faster new '5-g' tecnology. rob black talked about this on kron four news this morning... he's a little skeptical about suggestions that consumers wouldn't pay more.. the ceo's of both companies are promising that themerger would mean thousands of new jobs. regulators in the trump administration will have to sign off on the merger. it's unlikely to be a done deal until sometime next year. pam? (pam) next at 6:30.it's a bird... it's a plane... it's a submarine.find out why this homemade submersible had east bay authorities momentarily confused. (pam) plus, a high tech solution to 'prom dress' sticker shock ... (lawrence)and i'm tracking your weeknight forcast... ahead. it is prom season -- teenagers and their nervous parents are out shopping for the perfect dress.. but getting dolled up can set you back hundreds - maybe even thousands of dollars. kron 4's gayle ong introduces us to the silicon valley high school students... who created an app to save time and

next the communicators and a discussion on the proposed merger between t-mobile and sprint. and in the former white house chief of staff. .. .. >> the national press club luncheon in washington d.c. live coverage starts at 1 p.m. eastern here on c-span2. >> c-span, where history unfolds daily. in 1979, c-span was created as a

t. mobile and sprint will have a dream to join forces but will antitrust officials allow the merger to go forward archies alex behala the joins us to discuss all that ahead but first just some stories topping today's. and speaking of an i trusts final arguments were made today in the antitrust case related to the proposed merger of a t. and t. and time warner the justice department originally filed suit last november to prevent the merging of the two media go elias the antitrust unit at the department argued that the intraday shouldn t. is distribution assets including direct t.v. with time warner is content sources including h.b.o. and turner networks would create an entity with the motive and the means of the keywords the motive and the means to get out direct t.v.'s distribution rivals with higher prices if rivals were to balk at the higher prices a unified eighty and t. and time warner could demand the d.o.j. argued the newly merged entity might simply expand market share by keeping the content for itself the eighty five billion dollar merger will now be in the hands of federal judge

still ahead, after several false starts, t-mobile is purchasing sprint to take on verizon and at&t. me still fear that the deal will be blocked. t-mobile ceofrom jon leger. and this week we were live from the milk and global conference. 10 toak to ariana having talk about her mission to transform culture and her goals at uber. this is bloomberg. ♪ emily: shares of sprint tumbled more than 10% on concerns that antitrust regulators may reject t-mobile's desire to purchase the company. -- deal would reduce when it comes to building a next-generation network. downberg vonnie quinn sat with john ledger on monday to talk about the deal. take a listen. >> what we have got today is the start of doing two new things. talk about the deal and the value to shareholders and secondly, why now and how will that be a proved? those --how will it be approved? actuallyion -- it is -- what we will have starting from day one is $75 billion of topline revenue, 55 billion dollars in service revenue that will grow to present-4% compounded annually. it will be up to margins of 55%. synergiesrt is the have a

former senior adviser to tom wheeler and former commissioner robert proposedtalk about the t-mobile and sprint merger and its impact on the emmy occasions world. >> i think this is a great idea because it will help to accelerate 5g deployment in the united states. u.s. government regulators have a decision to make and the witches do they want to make a decision to help accelerate 5g deployment or are we going to go policy some industrial that looks through the rearview mirror rather than the front of the windshield. t-mobile owns metro pcs, and sprint comes to other companies, three of the low-cost carriers. these are carriers that focus on low income folks who pay ahead of time, not on a monthly basis. thatombine those three, would do damage to low income consumers. announcer: watch the communicators monday at 8:00 p.m. eastern on c-span2. announcer: >> american history tv is looking back 50 years to the concerns of 1968. up next, nuclear attack preparedness procedures: survived the fight. this u.s. air force training film was released in april of that year, dramatizing facilities at a nuclea

communicators, the former senior advisor to tom wheeler and former commissioner talk about the t-mobile and sprint merger and its possible impact on the communications world. >> this will help accelerate 5g deployment in the united states. the regulators have a decision to make to help with 5g deployment or, will we go back to industrial policy that looks through the rearview window instead of through the front window. >> t-mobile was metro pcs. these are carriers that low-income folks pay for ahead of time. you combine those three, that will do damage to low-income consumers. >> watch tonight on c-span2. >> tonight on landmark cases, regions of the university of california a white male was twice rejected to the medical school and claimed he was passed over in favor of less qualified minority applicants. he took the system to court. the supreme court decision struck down their admissions program and upheld the constitutionality of affirmative action. our guest to discuss the case is neil, he served as the u.s. acting attorney general from 2010 until 2011. randy barnett, libertarian constitutional

communicators, former advisor to fcc chair and former commissioner talk about the proposed t-mobile and sprintger and its possible impact on the communications world. this is a great idea because it will accelerate 5g to appointment. the regulators have to make a those are three of the largest prepaid low-cost carriers. are carriers that low-income folks pay for ahead of time. three, that those is really going to do damage to the low income consumers. >> watch tonight

successful to exultation. 4 trader took a skeptical view of the proposed merger will -- between t-mobile and sprintoved, t- mobile would be one of just three major cellular companies along with at&t and verizon. but investors are not sure if the merger will make it past federal and -- regulators. t-mobile shares were down 6%. those losses pushed the broader market lower. the dow jones lost 148 points today. the nasdaq also dropped 53 points. still all three of the major indexes ended april on the plus side. >>> still to come you, a site that might make you a little queasy. crews dangling high in the sky and why workers are slowly repelling down the towers of the golden gate bridge. details are coming up. >> -- >>> we had some sprinkles up in the north bay and some mild temperatures around here with some changes coming this week. >>> coming up at 7:00 p.m., the new plan by the san francisco da to crackdown on human trafficking and the one thing he says he needs. >>> it ready for the higher prices at the pump and the reason why gasoline could exceed four dollars a gallon in the bay area this summer.

vonnie: yesterday we had the big announcement of t-mobile and sprint trying to merge, and one of the reasons behind it was the overhaul -- there was a lot of savings and upside for the company from the tax overhaul. at least that is what they are saying. what about apple? are we hearing anything about investment plans or how the tax overhaul has changed apple's ability to invest? well, that tax rate is coming down substantially for apple. that along with the buyback will give them strong earnings growth even though the operating income is not going to grow much this cycle. do i expect apple to become much more acquisitive? not really. apple is picky and eight 10 to be buying more semiconductor -- they tended to be buying more semiconductor technology. if they go to a new market -- say automotive or health care -- apple buys resources. they do not want priorities or processes. they want resources they don't have. i don't see them anything doing this them doing anything large right now --i don't see them doing anything large right now. vonnie: stephen, thank you for your time today. mu

t-mobile and sprint together is the only company that can change that. cond, we will supercharge the uncarrier. customers can look forward to a broader range of service, more rural service, more broadband condition, lower prices, and last, jobs will go up. jonathan: the president delaying tariffs on u.s. allies until june 1. that's as trade talks ramp-up. >> joining secretary mnuchin in china this week will be commerce secretary wilbur ross trade , ambassador, bob chief economist larry kudlow. , peter navarro and the ambassador to china, so it is an ideologically diverse group heading over there. while this is brewing with china, the fallout coming from bae you, putting out a statement saying they feel they should be eminently exempted. saying "we will not negotiate under threat." meanwhile the united kingdom saying they will be working with the european union on this saying they remain , concerned. all of this comes while here in washington, republicans urging the president to reconsider. >> the u.s. has a strange strategy. it could get the european unio

and a lot of that comes from t-mobile's growth in the u.s.. deutsche telekom has a lot to think about. home, andere at finally the t-mobile and sprint deal is totally unacceptable. there was a time when deutsche telekom was not allowed to sell their cable businesses in one piece. pieces, andin three now all of the three pieces are coming together in one under the roof of vodafone. ♪ was fined over $870,000 by british regulators for his attempts to unmask a whistleblower, some suggesting it was a tap on the wrist. is that fair? >> if you measured relative to pay, yes, it is 15% of what he took home in 2016. the third-largest find they have ever levied on an individual. could have been deemed not fit and proper which would have it woulda job, and have been quite a significant step before that. s> quarterly profit in india' -- fell by the most in two years. what do you make of these numbers? what do analysts make of these numbers? >> the numbers were down, 50% below consensus expectations, which confirms my view that there is further downside to estimates on the street. what you would notice is that the cross npa ratio went up, which w

david: we got a big weekend for mergers with marathon buying endeavor. , and the really big t-mobile agreeing to buy one, sprintlong last, for , more than $26 billion in cash and stock. we keep saying it is $26.5 billion. it is not, really. it is $50 million of debt they are taking on. it's a lot more than $26.5 billion. >> if you look at the enterprise value, it is extensively more. what the price is today is not necessarily what the price is tomorrow. there is definitely a lot of risk on this. you will see that play out in any spread you will look at. people will say look, the antitrust risk is huge. the government has already said previously they don't like this deal. i think there is a high chance this does not get done. >> what is different now, 5g. 5g is an imperative. the nation's leadership in 5g is at stake. we have fallen behind it to china. and t-mobile and sprint together is the only company that can change that. second, the uncarrier. we are going to supercharge the uncarrier. what we have said is that customers can look forward to a broader range of service, more rural competition, more broadband