T-Mobile and Sprint merger is expected to receive final go ahead tomorrow, ” said the report

It has been a long time coming, but the merger between T-Mobile and Sprint is finally expected to receive approval as soon as Tuesday. Citing three people familiar with the matter, The New York Times the reports that the judge in charge of the case against the merger is expected to vote in favor of the transaction.

The attorneys general of 13 states and the District of Columbia, filed a lawsuit to challenge the merger between the two companies last June. The states have argued that a merger between Sprint and T-Mobile would reduce competition and lead to higher prices for customers. Judge Victor Marrero of the United States District court in Manhattan presided over the case.

The New York Times reports that it is possible that the decision of Justice Marrero, and includes “terms, conditions or limitations,” but both T-Mobile and Sprint are “planning to make the announcements Tuesday.”

As the report points out, this trial was the last obstacle to the merger. The transaction has received the approval of the Ministry of Justice, last summer, and from the FCC in October.

T-Mobile ceo John Legere has promised that “T-Mobile”, the price will be the same or better for at least three years after the Sprint merger. The concern among the attorneys general of the states, is that the case will lead to higher prices, which would have a particular impact on low-income people. Sprint and T-Mobile are usually the two most affordable carriers compared to Verizon and AT&T.

The trial has been the last obstacle to the merger, which has made steady progress through the approval process, because it was announced in April 2018. If the judge’s decision goes in favor of the two companies, the agreement will create a supersize telecommunications company, called T-Mobile, which has more than 100 million customers.

The attorneys general of 13 states and the District of Columbia, filed a lawsuit to challenge the merger between the two companies last June. The states have argued that a merger between Sprint and T-Mobile would reduce competition and lead to higher prices for customers. Judge Victor Marrero of the United States District court in Manhattan presided over the case.

Check out on YouTube for more Apple news:

The trial has been the last obstacle to the merger, which has made steady progress through the approval process, because it was announced in April 2018. If the judge’s decision goes in favor of the two companies, the agreement will create a supersize telecommunications company, called T-Mobile, which has more than 100 million customers.

We will be happy to hear your thoughts

      Leave a Reply

      AppleiPhonestop - Apple iPhone News and Rumours All Day
      Login/Register access is temporary disabled
      Compare items
      • Laptops (0)
      Compare
      0