Judge OKs merger

Judge's ruling opens way for T-Moble, Sprint merger.
The merger would drop the number of major U.S. wireless companies from four to three.

By

National News

February 11, 2020 - 10:25 AM

T-Mobile and a former Sprint cellular phone store adjoin each other in Herald Square in New York on Saturday, Dec. 14, 2013. Photo by Richard B. Levine/Sipa USA/TNS

NEW YORK (AP) — A federal judge has removed a major obstacle to T-Mobile’s $26.5 billion takeover of Sprint, as he rejected claims by a group of states that the deal would mean less competition and higher phone bills.

Though the deal still needs a few more approvals, T-Mobile expects to close it as early as April 1.

Once that happens, the number of major U.S. wireless companies would shrink from four to three. T-Mobile says the deal would benefit consumers as it becomes a fiercer competitor to the larger Verizon and AT&T. 

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