Empty T-Mobile Promises Convince Texas To Back Off Merger Lawsuit

Empty T-Mobile Promises Convince Texas To Back Off Merger Lawsuit

5 years ago
Anonymous $6AJGTL-6_8

https://www.techdirt.com/articles/20191125/07545843451/empty-t-mobile-promises-convince-texas-to-back-off-merger-lawsuit.shtml

While the DOJ and FCC have rubber stamped T-Mobile's controversial $26 billion merger with Sprint, the megadeal still faces stiff opposition from more than a dozen state AGs. What began as a coalition of ten states had been slowly expanding over the last few months to include states like Texas. Collectively, state AGs have made it very clear that every meaningful economic metric indicates the deal will erode competition, raise rates, and result in thousands of layoffs as redundant employees are inevitably eliminated.

In response, T-Mobile lobbyists have been working overtime trying to convince some states to back off their opposition in exchange for promises history suggests there's little chance they'll actually adhere to. Case in point: Texas AG Ken Paxton announced Monday morning he'd be quitting the lawsuit coalition after T-Mobile promised more jobs and better broadband coverage. But the promises themselves were kept vague, and there was, you'll note, zero mention of what happens should T-Mobile not meet them: