Sprint news: Judge approves controversial merger of T-Mobile and Sprint

From ABC News:

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.

The lawsuit from 14 state attorneys general, and the District of Columbia, led by California and New York, was one of the last hurdles T-Mobile had to overcome before it could proceed with buying Sprint for $26 billion. The so-called “megamerger” already has approvals from the FCC and the Justice Department.

New York Attorney General Letitia James called Tuesday’s decision “a loss for every American who relies on their cell phone for work, to care for a family member, and to communicate with friends.”

She said that the deal “will endanger wireless subscribers where it hurts most: their wallets.”

Continue reading Judge approves controversial merger of T-Mobile and Sprint on ABC News

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