
With the FCC and Justice Department signing off on the $26.5 billion merger between T-Mobile and Sprint, the only remaining obstacle standing in the way of the transaction closing is a trial that is currently playing out in a Manhattan courtroom. The plaintiffs are 13 state attorney generals and the AG of Washington D.C. who are seeking to block the merger because they say it will lead to higher prices. The states argue that reducing the number of major stateside carriers from 4 to 3 (a 25% reduction) will reduce competition in the industry.
The plaintiffs are not ...
Wednesday, 18 December 2019
GSM ARENA
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