A federal judge in New York has approved the merger of T-Mobile and Sprint in a controversial decision Tuesday, siding with the telecom giants over a coalition of state attorney generals who were suing to block two of the largest wireless carriers in the U.S. from combining.
"I’m pleased with the district court’s decision," Pai said in a statement Tuesday."The T-Mobile-Sprint merger will help close the digital divide and secure United States leadership in 5G." "This transaction represents a unique opportunity to speed up the deployment of 5G throughout the United States, put critical mid-band spectrum to more productive use, and bring much faster mobile broadband to rural Americans," he added.
California Attorney General Xavier Becerra tweeted that"even in the face of powerful opposition, we won't hesitate to stand up for consumers who deserve choice & fair prices," leading many to wonder if he was alluding to an appeal coming.MORE: The FCC approved the T-Mobile-Sprint merger. Now what?John Legere, CEO of T-Mobile, said"now we are finally able to focus on the last steps to get this merger done" in his statement welcoming the"huge victory.
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Source: WSJ - 🏆 98. / 63 Read more »
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...
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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.
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Source: WSJ - 🏆 98. / 63 Read more »