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T-Mobile Merger Delay Keeps Sprint and Dish on Edge

Credit: E-Commerce Times- Published on August 16, 2019
The T-Mobile-Sprint merger looked like it was pretty much a done deal a couple of weeks ago, when DoJ gave its approval. It now looks like there won't be a final answer until 2020. This will go down in history as one of the longest corporate merger attempts. The delay will be hardest on Sprint and Dish Network. Even though...
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Credit: The Street
Published on August 13, 2019 -  00:43
T-Mobile, Sprint Merger: All The States That are Trying to Block Deal ... So Far
Things are heating up around the T-Mobile and Sprint merger deal. In 2018, T-Mobile US and Sprint agreed to a $26.5 billion merger that will create the country's third-largest carrier. Both companies said a merger would give them the financial resources they need to compete against market leaders AT&T and Verizon, roll out 5G networks, and provide better service to Americans. After gaining approval from both the FCC and DOJ in 2019, the companies still face issues from several states, who argue that the deal is anticompetitive and will cost their residents more than $4.5 billon annually. Oregon is the latest state to join an antitrust lawsuit to block the merger of U.S. wireless carriers T-Mobile and Sprint. That makes it now fifteen states and the District of Columbia to have jumped on the bandwagon. Curious to know which states those are? Watch the video above to see the latest. Premium Pick: Markets Reverse and Surge on China News Ask the Expert: The Scariest Thing All Investors Have to Face Ready to Retire: The Biggest Threat to Your Retirement? Check Your Basement TheStreet Feature: Here's Something Investors May Be Missing About the Drone Revolution Dog Days of Summer: Why Investors May Be Seeing the End of the Dog Days of Summer C-Suite: AMD CEO Lisa Su Talks New Chips, Confirms She's Staying: 'I Have A Lot to Do' Success: Top Women Leaders Share the Keys to Business Success Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below

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