Judge approves T-Mobile and Sprint merger, shrinking US mobile providers to three
by Guardian staff and agency from Technology | The Guardian on (#4Z797)
Federal judge rejected arguments that T-Mobile's $26.5bn takeover would mean less competition and higher phone bills
And then there were three. The number of US mobile phone provides looked set to shrink again on Tuesday as a federal judge rejected arguments that T-Mobile's $26.5bn takeover of Sprint would mean less competition and higher phone bills.
Though the deal still needs a few more approvals, T-Mobile expects to close it as early as 1 April.
Continue reading...