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New York Court Decides in Favor of T-Mobile and Sprint Merger

Mna News - Published on Wed, 12 Feb 2020

Image Source: T-Mobile Sprint
United District Court for the Southern District of New York Judge Victor Marrero, in the lawsuit of state attorneys-general of 13 US federal states and the District of Columbia against the merger of T-Mobile US Inc and Sprint Corp, ruled in favor of the merger. The court ruled in accordance with the previous positive decisions of the competent federal authorities, the Committee on Foreign Investment in the United States, the Federal Communications Commission and the Department of Justice.

Following this ruling, T-Mobile US and Sprint will pursue their planned merger as intended. It has to be taken into account, however, that the plaintiff states have legal remedies against the ruling at their disposal.

Verizon said ““For the past two years, while these companies focused on a merger, Verizon has remained focused on what we’ve done for the past 20 years providing customers with the nation’s most reliable wireless network. Regardless of what happens when these two companies eventually get together, our customer-focused mission remains the same.”

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Posted By : TelecomGuru on Wed, 12 Feb 2020
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