T-Mobile-Sprint Merger Hits Roadblock as State Attorneys General Plan to File Suit to Oppose Deal

By Paul Riegler on 11 June 2019
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IMG_2430The T-Mobile-Sprint merger has hit a major roadblock: Ten state attorneys general are preparing to file suit to stop the $26 billion transaction.

The deal, were it to proceed, would bring the number of nationwide mobile operators down from four to three, leaving a stronger T-Mobile to compete with AT&T and Verizon Wireless.

The news was first reported by Reuters.

The lawsuit is scheduled to be announced Tuesday afternoon by New York State Attorney General Letitia James.

Meanwhile, the Federal Communications Commission has given the deal a green light, the Department of Justice has yet to chime in, although its staff has recommended that the agency block the deal.

(Photo: Accura Media Group)

Accura News

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