This illustration shows a smartphone with Sprint logo in front of a screen projection of the T-mobile logo Image illustration from April 30, 2018. REUTERS / Dado Ruvic / Illustration
11. June 2019
By Diane Bartz and David Shepardson
WASHINGTON (Reuters) – At least 10 prosecutors plan to file a lawsuit together Once Tuesday saw the merger of Sprint and T-Mobile worth $ 26 billion halted, According to three sources familiar with the matter, the number of country-wide mobile operators fell from four to three, leading the lawsuit, a source said. The New York Attorney General announced a press conference this afternoon.
The lawsuit is to be filed for a source in New York.
T-Mobile, whose parent company is Deutsche Telekom AG, and Sprint, which is owned by the Japanese SoftBank Group Ltd. controlled companies did not comment immediately. A spokeswoman for the New York Attorney General declined to comment.
Sprint boss Marcelo Claure and his T-Mobile counterpart, John Legere, met with the Justice Department on Monday, a source familiar with the matter said.
] Companies have offered to sell the prepaid Boost Mobile brand to reduce the combined company's prepaid mobile market share. They have also indicated that they are considering the sale of radio frequencies.
The deal was supported by the majority of the Federal Communications Commission. US Department of Justice antitrust officials have recommended that the agency block the deal, but no final decision has been taken.
(Reporting by Diane Bartz, David Shepardson, Karen Freefield)