Fate of the T-Mobile-Sprint merger rests on a trial that begins tomorrow
Tomorrow, December 9th, a trial begins in a Manhattan courtroom that will determine the fate of the T-Mobile and Sprint merger. 13 state attorneys general and the AG of Washington D.C. are seeking to block the $26.5 billion deal that was first announced on April 29th, 2018. The state attorneys general are concerned that the transaction is anti-competitive because it reduces the number of major U.S. carries by 25% to three from four. The plaintiffs don't believe that the deal in place between T-Mobile, Sprint and Dish Network that turns the latter into a "fourth nationwide facilities-based ...
Source PhoneArena https://ift.tt/2LzEalC
via Seoandserver
Source PhoneArena https://ift.tt/2LzEalC
via Seoandserver
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