California attorney general will end fight against Sprint, T-Mobile merger

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 66%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

The office of California Attorney General Xavier Becerra will not appeal a court's decision that a merger of wireless carriers Sprint Corp and ...

The office of California Attorney General Xavier Becerra will not appeal a court's decision that a merger of wireless carriers Sprint Corp and T-Mobile US Inc may go forward, it said on Wednesday.

A T-Mobile store is pictured in the Brooklyn borough of in New York City, U.S., December 3, 2019. REUTERS/Brendan McDermidShare this contentWASHINGTON: The office of California Attorney General Xavier Becerra will not appeal a court's decision that a merger of wireless carriers Sprint Corp and T-Mobile US Inc may go forward, it said on Wednesday.

The deal still must be approved by the California Public Utilities Commission, which is scheduled to make a final decision on the matter on April 16. The U.S. Justice Department and the Federal Communications Commission signed off on the merger last year after the companies agreed to divest Sprint's prepaid businesses, including Boost Mobile, to satellite television company Dish Network Corp, and provide it with access to 20,000 cell sites and hundreds of retail locations. That deal is worth about US$5 billion.

Colorado had dropped its opposition after striking an agreement with T-Mobile and Dish. Dish pledged to bring 2,000 jobs to Colorado, and T-Mobile agreed to deploy the next generation of wireless 5G across much of the state.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 6. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين