WASHINGTON: Texas' attorney general settled with T-Mobile Inc and Sprint Corp and will drop his opposition to the US$26.5 billion merger, leaving just Democratic attorneys general fighting the proposed combination.
"If all that was left was Rhode Island and Wyoming, they'd be giggling at T-Mobile. Nobody underestimates New York and California," he said.In a statement issued on Monday, Paxton's office said the agreement precludes the companies from raising prices for Texans for five years and commits the merged company to 5G network throughout Texas, including rural areas, during the next six years.
"The mega merger of T-Mobile and Sprint will reduce competition in the mobile marketplace," she said in a statement."There is no doubt that this merger remains bad for consumers, bad for workers, and bad for innovation, which is why we remain committed to litigating this matter."
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