New developments in exploring writing

Monday, 17 February 2020

T-Mobile’s merger with Sprint is now worth $40 billion, thanks to the bulls


The state of New York will not appeal the approval of a $40 billion merger between wireless carriers T-Mobile and Sprint, Reuters reports. Instead of fighting the deal, the state’s Attorney General Laetitia James told reporters her office is looking towards ensuring consumers receive better service and lower prices, highlighting that T-Mobile committed to creating jobs in the state. Despite lauding the potential for jobs, James previously referred to the deal as “exactly the sort of consumer-harming, job-killing megamerger our antitrust laws were designed to prevent.” The merger is an “all-stock” deal that sees the third-and-fourth largest mobile carriers in the US…

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