Mon06242019

Robins Global News & Noticias



  • Shipping Advice
    Shipping Advice
  • Data Recovery Review
    Data Recovery Review
  • Featured Guest Post
    Featured Guest Post
  • Featured Guest Post
    Featured Guest Post
  • Trump Pence News
    Trump Pence News
  • Weather Alerts
    Weather Alerts

RobinsPost News Network

+ Larger Font | + Smaller Font

Consumer Daily Reports

Consumer News: Ten states reportedly preparing to sue to block T-Mobile/Sprint deal

PhotoT-Mobile and Sprint’s pending $26.5 billion merger is facing new opposition.

A group of at least 10 state attorneys general are in the midst of preparing a lawsuit to block the deal, Reuters reports, citing sources familiar with the matter. The lawsuit is being led by New York Attorney General Letitia James.

“When it comes to corporate power, bigger isn’t always better,” James said of the proposed merger, which would reduce the number of wireless carriers to three from four. “The T-Mobile and Sprint merger would not only cause irreparable harm to mobile subscribers nationwide by cutting access to affordable, reliable wireless service for millions of Americans.”

Since the two providers announced their intention to merge last April, the merger has faced stiff opposition from government agencies and consumer groups. Critics contend that if the deal is approved, competition would be harmed and consumers could see higher prices.

Government pushback

Though T-Mobile and Sprint say the deal would lower prices for consumers, several Democratic lawmakers argued last year that the deal could impact lower-income people.

“T-Mobile and Sprint have led the way in offering wireless products and service options that are more appealing to lower-income consumers, including no contract plans, prepaid and no credit check plans, and unlimited, text, voice, and data plans,” eight senators said in a statement last May.

Justice Department officials voiced similar concerns last month.

“T-Mobile has a reputation for aggressively seeking to cut prices and improve service to woo customers away from market leaders Verizon Communications Inc and AT&T Inc, and staff may want to preserve that dynamic,” Reuters reported.

The FCC, on the other hand, has said it supports the deal because of its potential to speed up the deployment of 5G in the U.S and increase coverage in rural America.

T-Mobile and Sprint have until July 29 to complete their merger.



Posted: 2019-06-11 17:22:17

Get Full News Story On Consumer Affairs


Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.


Print Friendly and PDF Share Embed


Related News Stories From The Web And More

Related Bing News

Consumer News: Ten states reportedly preparing to sue to block T-Mobile/Sprint deal | Consumer Daily Reports | RobinsPost News Network - Newscast

Dish In No Rush To Finalize Assets Deal With T-Mobile

Fri, 21 Jun 2019 09:28:00 GMT

Dish's CEO, Charlie Ergen is reportedly in no rush to finalize the ... Since Ergen is taking his sweet time striking a deal with T-Mobile and Sprint, it could force the DOJ to move to block the merger ...

State AGs Move to Halt T-Mobile-Sprint Merger

Tue, 11 Jun 2019 16:51:00 GMT

A group of nearly a dozen attorneys general is preparing a lawsuit to stop the deal on the grounds that the deal will harm competition and raise prices for consumers. UPDATE 4PM ET: New York Attorney ...

Sprint tumbles after report says 10 states are suing to block its merger with T-Mobile (TMUS, S)

Tue, 11 Jun 2019 13:46:00 GMT

The $146 billion merger between T-Mobile and Sprint will reportedly face another hurdle. Ten attorney generals from US states are preparing to file a lawsuit in the Southern District of New York to ...

Ten states reportedly preparing to sue to block T-Mobile/Sprint deal

Tue, 11 Jun 2019 10:23:00 GMT

T-Mobile and Sprint’s pending $26.5 billion merger is facing new opposition. A group of at least 10 state attorneys general are in the midst of preparing a lawsuit to block the deal, Reuters reports, ...

State AGs Move to Halt T-Mobile-Sprint Merger

Tue, 11 Jun 2019 08:49:00 GMT

This comes weeks after a report that the Justice Department also plans to block the merger. The FCC and Chairman Ajit Pai have signaled support for the deal with conditions ... The lawsuit will ...

Related Bing Web Search

  • No items found
  • Related News Story Videos From Youtube

    VIDEO: Couple Steals Phones At Garden Grove T-Mobile, Cutting Wires And Ripping Out Counters


    Related Videos On: VIDEO: Couple Steals Phones At Garden Grove T-Mobile, Cutting Wires And Ripping Out Counters


    AT&T, T-Mobile deal in jeopardy


    Related Videos On: AT&T, T-Mobile deal in jeopardy


    Verizon Admits to Throttling Videos On Youtube, In Violation of Net Neutrality Rules


    Related Videos On: Verizon Admits to Throttling Videos On Youtube, In Violation of Net Neutrality Rules


    Justice Department Set To Sue To Block AT&T-Time Warner Deal


    Related Videos On: Justice Department Set To Sue To Block AT&T-Time Warner Deal


    FCC Collects $0 on Millions in Fines


    Related Videos On: FCC Collects $0 on Millions in Fines






    Blow Us A Whistle

    Comments (Whistles) Designed By Disqus




    Company Information

    Official Content Providers











    PRIVACY POLICY

    We recommend Firefox 3 (and above), Edge, and Chrome for dynamic performance.
    © 2008-2019 RobinsPost (The Bird's Eye View Company) All rights are reserved.
    RobinsPost provides links to news sites based on their RSS feeds.
    All trademarks, copyrights, videos, photos and logos are owned by news sources.
    News stories, videos and live streams are from trusted sources:
    Bing News, Google News, Faroo News, NewsApi.org and YouTube Search Results.
    ROBINSPOST Is Proudly Made In America.
    Where Quality, Safety and Service Comes First.