Report: Judge to Rule in Favor of Sprint
The suit was first filed in June by a group of attorney generals from 13 states and the District of Columbia. It first arose after federal regulators, including the Department of Justice, gave the deal the go-ahead. Once the deal goes through, the third and fourth-largest carriers will combine to form the 8220;New T-Mobile. 8221; The new company will reportedly have more than 100 million customers.
State 8217;s attorneys argued that the combination of the two companies would reduce competition in the telecommunications industry 8212; an industry that 8217;s already relatively low on competition. Even less competition could result in higher phone bills, they argued.
Sprint and T-Mobile, on the other hand, claimed that the combination of the two will allow them to better take on the likes of Verizon and AT&T, which are the largest and second-largest carriers in the U.S., respectively. Not only that, but the companies maintain that they 8217;ll be better positioned to roll out next-generation 5G networks as a combined entity.
Final arguments for the lawsuit took place in January, and the decision is expected to be announced on Tuesday, according to the New York Times 8217; sources. None of the parties have reportedly read the ruling 8212; leaving the door open for possible conditions or restrictions to be added.
We 8217;ve reached out to T-Mobile and Sprint for comment, and will update this article when we hear back.标签：