Another state has jumped aboard the opposition to T-Mobile and Sprint merging. Illinois has joined the lawsuit blocking the wireless carriers’ deal, New York Attorney General Letitia James said Tuesday, September 3. The state attorneys general are calling it an “anticompetitive megamerger.” Illinois’ addition means over half the US population is now represented in the suit, James said.
The US Justice Department approved T-Mobile’s US$26.5 billion bid to merge with Sprint in July after the deal was OK’d by the Federal Communications Commission in May. T-Mobile said previously that it wouldn’t proceed with closing the deal until it settles the concerns of the state attorneys general.
The attorneys general now included in the lawsuit represent California, Colorado, Connecticut, Hawaii, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Nevada, New York, Oregon, Texas, Virginia, Wisconsin, and the District of Columbia.
Full Content: Fool
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