An article in the New York Times last week reported that T-Mobile USA’s parent company, Deutsche Telekom, bought Metro PCS, another cell service provider. According to the Times’ reporting, this merger could strengthen T-Mobile against competitors like Sprint Nextel, and the buy was intended to help T-Mobile to better provide low-cost service to customers.
Companies within the Telecomm Services and Equipment industry make significant contributions to political campaigns and committees. The industry as a whole gave a total of $13.5 million so far this election cycle. Here’s a look at the contributions and influence of the industry players mentioned in this article:
- Employees of T-Mobile USA and their family members made $722,175 in campaign contributions so far in the 2011-2012 election cycle. They donated to both individuals and political action committees, and 55 percent of contributions went to Republicans, while 44 percent of donations went to Democrats.
- In 2011, during an attempted merger with AT&T, T-Mobile reported spending over $6 million lobbying issues including taxes, broadband spectrum and the merger with AT&T. The company is on track to spend about the same amount this year. In the first two quarters of 2012, T-Mobile reported spending about $3 million to lobby Congress and government agencies on taxes, broadband, mergers and other issues.
- Employees and others associated with Metro PCS have contributed a total of $28,535 to campaigns since 2000.
- Employees of Sprint Nextel and their family members donated a little more than $500,000 so far during the 2011-2012 cycle.