Oregon joins states’ lawsuit to block T-Mobile, Sprint merger

August 13, 20193min

FILE PHOTO: A sign for a T-Mobile store is seen in Manhattan, New York, U.S., April 30, 2018. REUTERS/Shannon Stapleton

(Reuters) – Oregon has joined a multistate lawsuit to block the merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp, the New York attorney general’s office, which is leading the lawsuit along with California, said on Monday.

Fifteen states and the District of Columbia are now seeking to stop the merger, which the states argue is anticompetitive and will cost their residents more than $4.5 billion annually. The lawsuit most recently added Texas, whose attorney general is the first Republican to join the effort.

“Oregon’s addition to our lawsuit keeps our momentum going, and ensures that there isn’t a single region of this country that doesn’t oppose this anticompetitive megamerger,” New York Attorney General Letitia James said in a statement.

Earlier this month, a U.S. District Court in Manhattan ordered that the trial be delayed to Dec. 9, in a victory for the states, which had said they needed more time to investigate the merger.

“If left unchallenged, the current plan will result in reduced access to affordable wireless service in Oregon — and higher prices,” said Oregon Attorney General Ellen Rosenblum. “Neither is acceptable.”

The U.S. Justice Department signed off on the deal last month on the condition that the carriers divest Sprint’s prepaid phone business to satellite TV provider Dish Network Corp to create a fourth U.S. wireless carrier.

T-Mobile has said it does not intend to close the merger while the states’ litigation is ongoing.

Reporting by Sheila Dang; editing by Jonathan Oatis

Source link





Swing With Us!


Links



Spotlight

No more posts

About us

Our name may be an animal, but our legacy is bananas! As a new innovative, yet very simple private blogging company, we’ve been pioneering communications since 2012. Monkey Viral strives to be a premier provider of awesome news spreads, incredible deals, and the latest information from across the globe.

MonkeyViral.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.


CONTACT US