U.S. judge expected to rule in favor of Sprint, T-Mobile merger: sources

  • 📰 Reuters
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

U.S. district judge expected to rule in favor of T-Mobile's merger with Sprint

- A U.S. district judge is expected to rule in favor of allowing Sprint and T-Mobile US to merge over the objections of a group of state attorneys general, according to two sources familiar with the matter.

Approval of the deal would be a high profile defeat for state attorneys general, led by New York and California, who had argued that a merger of the No. 3 and No. 4 U.S. wireless carriers would lead to higher prices, especially for customers who use prepaid plans popular with people with poorer credit.The companies had said the deal was needed to help them build out next generation of wireless, called 5G, and better compete with sector leaders Verizon Communications Inc and AT&T Inc.

Deutsche Telekom is keen to cut the price of the deal, arguing that Sprint’s fortunes have deteriorated since they inked their agreement, the sources added. While a group of states decided to fight the deal in court, the federal government approved it with conditions, a decision which remain in effect.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Awful

How may I acquire majority stockholdings in Huawei Technologies Company Ltd please? I am an expert global telecommunications market analyst and have an aunt on the USITC. I trust my aunty, and she gave me a hot tip. May I acquire a waiver of insider trading rules from SEC please?

Ifb

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. district judge expected to rule in favor of Sprint-T-Mobile merger: WSJA U.S. district judge is expected to rule in favor of Sprint and T-Mobile merger...
Source: Reuters - 🏆 2. / 97 Read more »

WSJ News Exclusive | U.S. District Judge Expected to Rule in Favor of Sprint-T-Mobile MergerBreaking: A judge is expected to rule in favor of T-Mobile and Sprint in the antitrust fight over their proposed merger, people familiar with the matter say Did a clerk leak lol? Gross. This will expose US communication to China and its alliance South Korea espionage risk.
Source: WSJ - 🏆 98. / 63 Read more »

U.S. judge expected to rule in favor of merger of Sprint, T-Mobile: sourcesA U.S. district judge is expected to rule in favor of allowing Sprint and T-Mobi... the takeover Nervous abt this! Everything has been going well with my T Mobile relationship. Bracing for changes. One of them needs the other for somethin'. Thank goodness, Sprint customer service sucks and T-Mobile coverage sucks. I hope this becomes a fabulous thing, best of both worlds.
Source: Reuters - 🏆 2. / 97 Read more »

How the Mobile Passport travel app works: Global Entry alternative - Business InsiderThe Trump administration won't allow New Yorkers to apply for or renew GlobalEntry due to the state's 'sanctuary' law — but there's a free app travelers can use to bypass customs lines. Here's how it works.
Source: BusinessInsider - 🏆 729. / 51 Read more »