UPDATE
Four more states have joined the effort by state attorneys general to
stop T-Mobile's acquisition of Sprint, a New York official said at a
court hearing on Friday. The addition of Hawaii, Massachusetts,
Minnesota and Nevada in an amended complaint, brings the number of
states fighting against the transaction to 14.
Ten state attorneys general, led by New York and California and
including the District of Columbia, filed a lawsuit on June 11 aimed at
stopping the purchase by the number three U.S. wireless operator
T-Mobile, of number four, Sprint. The AGs say the deal would lessen
competition, raise prices for consumers, and cost thousands their jobs.
T-Mobile, Sprint and the states during a hearing on Friday, agreed to a
trial date of October 7. A trial could last two to three weeks, reported
The Hill. Continue Reading
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