Thursday 29 August 2019

T-Mobile court filing trashes Sprint, but for a good reason

The only thing that appears to be holding up the $26.5 billion merger of T-Mobile and Sprint at this point is a lawsuit filed by 16 state attorneys general and the AG of Washington D.C. that seeks to block the transaction on the grounds that it is anti-competitive and will cost residents of their states more than $4.5 billion in additional costs every year. After T-Mobile and Sprint engaged the plaintiffs in preliminary settlement talks a couple of weeks ago, a source familiar with the chat said that both sides were "miles apart."

T-Mobile has responded to the ...

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