US: Judge sets pre-trial hearing next week for Sprint/T-Mobile merger

The judge hearing a complaint from state attorneys general seeking to stop T-Mobile US Inc from buying Sprint Corp for $26 billion will hold a pre-trial hearing next week.

Judge Victor Marrero of U.S. District Court for the Southern District of New York set the hearing for June 21, in response to a request for an expedited hearing.

Ten states, led by New York and California, filed a lawsuit on Tuesday aimed at stopping the merger of the No. 3 and No. 4 national wireless companies, saying that the deal would cost Sprint and T-Mobile subscribers more than $4.5 billion annually.

The Federal Communications Commission has agreed in principle to approve the deal while the U.S. Justice Department is believed to be nearing a final decision.

Full Content: Yahoo

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