Sprint/T-Mobile merger gets federal judge approval

Sprint/T-Mobile merger gets federal judge approval

4 years ago
Anonymous $-riAjkQg_1

https://techcrunch.com/2020/02/11/sprint-t-mobile-merger-gets-federal-judge-approval/

The U.S. mobile landscape is on track to look a whole lot different. A hotly contested $26 billion deal between T-Mobile and Sprint just got the go ahead from a U.S. district court judge. The merger would combine the country’s third and fourth largest mobile carriers, effectively reducing the number of key carriers from four down to three.

Critics of the deal, including attorneys general from more than one dozen states, have expressed concern that such a deal would diminish competition in the market. T-Mobile and Sprint, on the other hand, have argued that such a deal would actually make the market more competitive and give a combined company a better chance of battling with (TechCrunch parent company) Verizon and AT&T on the 5G front.

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