NY attorney general considers appealing ruling OK'ing Sprint T-Mobile merger

NY attorney general considers appealing ruling OK'ing Sprint T-Mobile merger

A federal judge on Tuesday approved a bid by T-Mobile to merge with competitor Sprint in a combination of the nation's third- and fourth-largest wireless carriers. They would follow a victory for the companies in a USA court this week, when a federal judge rejected a state lawsuit against the tie-up.

The states' lawsuit was the last major hurdle to the deal after it was approved by regulators at the Federal Communications Commission and the Justice Department's antitrust division. The states had argued that if the merger is permitted, it will stifle competition and lead to higher prices for consumers.

T-Mobile and Sprint are officially tying the $26.5 billion magenta knot. The new Dish wireless network will start life with about 9 million subscribers. T-Mobile Chief Executive Officer John Legere testified that Sprint would be "sold for parts" if the merger didn't go through. T-Mobile shares also spiked 12% early trading Tuesday.

But the T-Mobile-Sprint merger has all the regulatory approvals it needs, right?

If I'm now a T-Mobile or Sprint customer, what will their merger do to my bill?

Democratic FCC Commissioner Geoffrey Starks: "The merger between T-Mobile and Sprint will dramatically alter America's wireless landscape".

Consumer advocates have warned that unlimited plans could be in jeopardy. T-Mobile's existing frequency assets are good for wide-area coverage but unlikely to support the most advanced 5G services, say critics. However, analysts estimate that its operating profit will decline by about 20%.

Oh, and there will be a change at the top for the New T-Mobile. "Its continued low prices would ensure more new customers", added Entner.

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Getting one of many highest US wireless mergers ever over the end line can be a boon to each corporation.

U.S. District Judge Victor Marrero, it seems, sided with the latter.

"I don't agree with Marrero". We'll stand on the side of competition over megamergers, every time.

T-Mobile has previously suggested there could be new terms, including a different price.

In a joint statement, FTC Commissioners Christine S. Wilson and Rohit Chopra supported the decision, stating that it will allow FTC to assess the sufficiency of the HSR Act thresholds regarding technology mergers that hold competitive significance. And considering how many customers live in that state, that's a clearance T-Mobile and Sprint desperately need. "There's really nothing else they can do".

Another concern is that with one less carrier innovation could suffer - at least until Dish is able to make the transition from satellite pay-TV service to full mobile phone carrier.

"This merger does present an opportunity on the technological front". Tower investors had responded enthusiastically to Dish Network being propped up as a fourth player in the market, but the Dish effect might not be as great as some hope or expect, they said.

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