The Sift Here’s what we’re Sifting today

T-Mobile, Sprint merger clears major hurdle

by Kent Covington
Posted 2/12/20, 10:35 am

Two national cellphone carriers may soon merge to create a new wireless giant. A federal judge has cleared the path for T-Mobile’s $26.5 billion takeover of Sprint. The merger still needs a few more approvals, but T-Mobile expects to close the deal as early as April 1.

Why did a judge have to get involved? The merger would shrink the number of major U.S. wireless companies from four to three. States had asked the courts to block the deal, saying it would mean less competition and higher phone bills, but U.S. District Judge Victor Marrero denied the request on Tuesday. T-Mobile successfully argued that the deal would benefit consumers as it becomes a fiercer competitor to the larger Verizon and AT&T.

Dig deeper: From the WORLD archives, read Michael Cochrane’s analysis of 5G technology, which T-Mobile hopes to improve with the merger.


Read more from The Sift Sign up for The Sift email

Comments

You must be a WORLD Member and logged in to the website to comment.
  • NEWS2ME
    Posted: Wed, 02/12/2020 11:28 pm

    Say it ain't so!

    We began with T-Mobile a long time ago when they were very good. We don't know what happened. Then calls were dropped. T-Mobile became the "can you hear me now?" phone. We got very tired of not being able to make a call unless we were in a special spot at the front of any store.

    Then we switched to Tello which uses Sprint. No problems. Their flip phones aren't as fancy as T-Mobiles but at least we can talk to someone on them from almost anywhere in the store, including the back. 

ADVERTISEMENT