# Professor Thomas Philippon weighs in on how the recent T-Mobile-Sprint merger has impacted AT&T and Verizon’s stock performance

1 Faculty News February 14, 2020 ![Axios logo 192 x 144](/sites/default/files/styles/246w/public/assets/images/axios192x144.jpg?itok=Bt8W0I5L)>

Excerpt from [Axios](https://www.axios.com/newsletters/axios-edge-19b4fd05-f985-4c89-9854-4f143fa001f2.html) -- "Economist [Thomas Philippon](https://www.stern.nyu.edu/faculty/search_name_form), on Twitter, looked at after-hours price rises in AT&T and Verizon stock to conclude that those companies will be about $11 billion better off as a result of the merger. But those price gains failed to hold when the market opened on Tuesday."

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