I’m not sure I buy the pricing-people-out angle either tbh, we have a pretty rich market of MVNOs who act as an anchor on the MNO pricing, and it would look like anti-competitive market collision if suddenly the operating costs for these companies went up after a merger.

Do you think that would change anything? After the merger it’s hard to walk it back. People would scream about “losing jobs” or something.

The point of a merger is to make more money, both through improved pricing power and through lower costs.