Only 20-percent of American consumers oppose T-Mobile and Sprint's proposed merger, market research company HarrisX reports, citing findings from its survey conducted with a representative sample of 2,000 U.S. adults in early May, the week of the consolidation announcement. While the level of resistance to the tie-up appears low, many consumers in the country remain undecided on the issue, with 59-percent of the interviewees maintaining they want more information on the matter before making up their minds. Approximately every fifth American supported the merger outright, with those in favor and against the move thus being largely equal in numbers.
When presented with some already publicized arguments cited by both the two wireless carriers and their opponents, the majority of undecided respondents said they support the consolidation, with 56-percent of all interviewees ultimately concluding they would be in favor of T-Mobile absorbing Sprint as part of an all-stock deal valued at $26.5 billion. Whether the actual American public ends up being educated on both sides of the equation remains to be seen but regardless of that outcome, the general public consensus on the matter may be of little import to competent federal regulators, as recently seen on the examples of net neutrality which is being repealed by the Federal Communications Commission despite massive backlash and the fact that the Justice Department is vehemently fighting against AT&T's attempt to acquire Time Warner even as the deal faces little vocal opposition from the American people.
The majority of interviewees who concluded they would want to see the federal government approve the merger did so largely due to the prospect of 5G, a crucial part of T-Mobile and Sprint's proposition. While around half of American consumers already heard of the fifth generation of mobile networks, almost none of them realize that the technology will create jobs and spur massive economic growth, with most of them quoting increased wireless connection speeds as its main benefit, as per the same study. T-Mobile and Sprint are hoping to see their proposed consolidation approved by stateside regulators by the end of the first half of 2019.