State Attorneys General Sue to Block T-Mobile/Sprint Merger
A group of ten states is suing to block the proposed merger of T-Mobile and Sprint. The action is led by New York State Attorney General Letitia James and California Attorney General Xavier Becerra. James outlined the crux of the states' argument in a tweet, saying "The merger would deprive customers of the benefits of competition & drive up prices for cellphone services." Today's action follows an investigation by the attorneys general, which "found that many of the claimed benefits [of the proposed merger] were unverifiable and could only be delivered years into the future, if ever. By contrast, if the merger were to go through, the combined company would immediately have the power and incentive to raise prices." "Additionally... the ten states are concerned that further consolidation at the carrier level would lead to a substantial loss of retail jobs." The complaint was filed in United States District Court for the Southern District of New York.
Nov 7, 2019
T-Mobile today announced plans to offer three new programs offering 5G service for free to certain groups, or cheaply for everyone else. The company is promising to launch the programs when and if it is allowed to merge with Sprint.
T-Mobile has officially completed its merger with Sprint. For the moment, the merger has little effect on customers, but "Sprint" lives only as a brand of T-Mobile, not a separate company.
Nov 26, 2019
MediaTek has revealed that its first SoC with integrated 5G modem and high-end processor will be called the Dimensity 1000. The company revealed the first set of details on the chip in May.
Feb 11, 2020
A multi-state anti-trust lawsuit to stop the merger of Sprint and T-Mobile has failed. New York Attorney General Letitia James issued a statement saying "There is no doubt that reducing the mobile market from four to three will be bad for consumers, bad for workers, and bad for innovation, which is why the states stepped up and led this lawsuit.
Jul 26, 2019
The US Department of Justice has given its blessing to the proposed merger of T-Mobile and Sprint. Several conditions — including a comprehensive deal with Dish intended to create a small fourth national carrier — have satisfied the federal government's anti-trust concerns.
Prolonging the inevitable