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Federal judge clears the way for Sprint/T-Mo merger

February 11, 2020


With a federal judge rejecting the claims of state attorneys-general that the merger of T-Mobile US and Sprint will reduce competition, T-Mobile US could be looking at closing the merger that will reshape the U.S. telecom landscape as soon as April 1.

T-Mobile US’ stock surged 11% in midday trading Tuesday on the news, while Sprint shares jumped nearly 73%.

U.S. District Court Judge Victor Marrero said that he found T-Mobile US executives credible in their commitments to continue competing aggressively with AT&T and Verizon, agreed that Sprint by itself was in a weak position and that the creation of a fourth facilities-based competitor through divestment of assets to Dish Network would reduce any impacts to the telecom market’s overall competitiveness.

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