Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Report: T-Mobile execs swarmed Trump hotel after merger announcement

Published 01/16/2019, 02:11 PM
© Reuters.  Report: T-Mobile execs swarmed Trump hotel after merger announcement
  • Needing approval from the Trump administration for a $26B merger with Sprint (S -0.2%), T-Mobile (TMUS -0.1%) put multiple executives into stays at the Trump International Hotel in Washington starting with the deal announcement and in following weeks, The Washington Post reports.
  • The hotel's "VIP Arrivals" list the day after the deal announcement featured nine T-Mobile execs, including CEO John Legere and four others in the C-suite.
  • And seven weeks after the deal, execs had made multiple visits (including at least four by Legere).
  • The news raises new questions about whether companies are able to influence public policy by doing private business with Trump's luxury hotel.
  • Found in the hotel lobby last week, Legere told the Post: "It's become a place I feel very comfortable" and praised its proximity to one of the departments that needs to approve the merger; he's deleted tweets from a few years back mocking Trump hotels, the report notes.
  • Now read: An Update On The Autonomous Vehicle And Ride Sharing Trend


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.