The federal judge hearing the lawsuit
from 13 state attorneys general suing to block T-Mobile’s acquisition
of Sprint heard final arguments Wednesday. U.S. District Court Judge
Victor Marrero did not ask any questions of either party and said he
would make a decision “as promptly as possible,” Reuters reported.
The states filed a lawsuit in June to stop the transaction, saying it would lead to higher prices for consumers.
The telecoms pushed back and emphasized they would compete aggressively to push prices down.
T-Mobile and Sprint contend that the merger would enable the combined
company to compete more effectively with dominant carriers Verizon
Communications Inc. and AT&T Inc.
T-Mobile lawyer David Gelfand argued
that the combination between the nation’s number three and number four
carriers would create a “revolutionary network,” with faster speeds and
better capacity to deploy 5G. But attorney Glenn Pomerantz, speaking on
behalf of the states, rebuffed that argument, saying: “We did not need a
merger for 2G, 3G or 4G,” according to Politico. Continue Reading
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