Janko Roettgers, provided by Published 10:21 am PDT, Tuesday, June 11, 2019 Photo: Variety Photo: Variety Image 1 of / 1 Caption Close Image 1 of 1 Photo: Variety 10 State Attorneys General Sue to Stop Sprint T-Mobile Merger 1 / 1 Back to Gallery The proposed merger of telco giants Sprint and T-Mobile is getting some significant push-back: On Tuesday, 10 states including California, New York and the District of Columbia, sued to prevent the merger from going forward. The lawsuit alleges that the merger will reduce competition, leading to higher prices and less access for consumers. T-Mobile didn’t immediately respond to a request for comment. Related stories Could Amazon … [Read more...] about 10 State Attorneys General Sue to Stop Sprint T-Mobile Merger
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States sue to stop $26.5 billion Sprint-T-Mobile deal
Associated Press Published 1:12 PM EDT Jun 11, 2019 New York – A group of state attorneys general led by New York and California and including Michigan’s Dana Nessel are filing a lawsuit to block T-Mobile’s $26.5 billion bid for Sprint, citing consumer harm. The state AGs say the merger would hurt competition and drive up prices for cellphone service. “We cannot sit idly by while two of the biggest companies in the country attempt to join forces, eliminating competition between Sprint and T-Mobile and likely raising prices by nearly 10 percent,” said Nessel. “As the eighth largest mobile wireless consumer market in the United States, we must protect Michigan residents – and every cell phone customer in the country – from a move by corporate players that will enrich their shareholders on the backs of their customers. In fact, the executives at T-Mobile and Sprint are hell-bent on closing this deal because they themselves will … [Read more...] about States sue to stop $26.5 billion Sprint-T-Mobile deal
The Latest: States sue to stop $26.5B Sprint-T-Mobile deal
Updated 9:55 am PDT, Tuesday, June 11, 2019 FILE - In this April 30, 2018, file photo T-Mobile CEO John Legere, left, and and then-Sprint CEO Marcelo Claure are interviewed by Liz Claman during her "Countdown to the Closing Bell" program on the Fox Business Network, in New York. Published reports say a group of state attorneys general plan to sue to stop a $26.5 billion merger of wireless carriers T-Mobile and Sprint. less FILE - In this April 30, 2018, file photo T-Mobile CEO John Legere, left, and and then-Sprint CEO Marcelo Claure are interviewed by Liz Claman during her "Countdown to the Closing Bell" program on the Fox ... more Photo: Richard Drew, AP Photo: Richard Drew, AP Image 1 of / 1 Caption Close Image 1 of 1 FILE - In this April 30, 2018, file photo T-Mobile CEO … [Read more...] about The Latest: States sue to stop $26.5B Sprint-T-Mobile deal
10 states sue to stop $26.5 billion Sprint-T-Mobile deal
Updated 9:40 am PDT, Tuesday, June 11, 2019 FILE - In this April 27, 2010 file photo, a woman using a cell phone walks past T-Mobile and Sprint stores in New York. Published reports say a group of state attorneys general are planning a lawsuit to block a $26.5 billion merger of wireless carriers T-Mobile and Sprint. It’s an unusual step ahead of a decision by federal antitrust authorities. less FILE - In this April 27, 2010 file photo, a woman using a cell phone walks past T-Mobile and Sprint stores in New York. Published reports say a group of state attorneys general are planning a lawsuit to block a ... more Photo: Mark Lennihan, AP Photo: Mark Lennihan, AP Image 1 of / 1 Caption Close Image 1 of 1 FILE - In this April 27, 2010 file photo, a woman using a cell phone … [Read more...] about 10 states sue to stop $26.5 billion Sprint-T-Mobile deal
T-Mobile announced a merger needing government approval. The next day, 9 executives had reservations
Jonathan O'Connell and David A. Fahrenthold, The Washington Post Published 4:29 am PST, Wednesday, January 16, 2019 The Trump International Hotel in Washington on Jan. 12, 2019. The Trump International Hotel in Washington on Jan. 12, 2019. Photo: Bloomberg Photo By Alex Edelman. Photo: Bloomberg Photo By Alex Edelman. Image 1 of / 5 Caption Close Image 1 of 5 The Trump International Hotel in Washington on Jan. 12, 2019. The Trump International Hotel in Washington on Jan. 12, 2019. Photo: Bloomberg Photo By Alex Edelman. T-Mobile announced a merger needing government approval. The next day, 9 executives had reservations 1 / 5 Back to Gallery WASHINGTON - Last April, telecom giant … [Read more...] about T-Mobile announced a merger needing government approval. The next day, 9 executives had reservations