States sue to stop $26.5 billion Sprint-T-Mobile deal - Sentinel-Tribune: News

States sue to stop $26.5 billion Sprint-T-Mobile deal

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Posted: Tuesday, June 11, 2019 4:00 pm

NEW YORK (AP) — A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile's $26.5 billion bid for Sprint, citing consumer harm.

The state attorneys general said the promised benefits, such as better networks in rural areas and faster service overall, cannot be verified, while eliminating a major wireless company will immediately harm consumers by reducing competition and driving up prices for cellphone service.

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