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Judge Clears Path For T-Mobile’s Takeover Of Sprint

Judge Clears Path For T-Mobile’s Takeover Of Sprint

Judge Clears Path For T-Mobile’s Takeover Of Sprint

(AP) — A federal judge has cleared a major path to T-Mobile’s $26.5 billion takeover of Sprint.

He rejects claims by a group of states that the deal would mean less competition and higher phone bills.

The judge says in Tuesday’s ruling that T-Mobile executives were credible at trial in promising to continue competing aggressively with AT&T and Verizon.

T-Mobile says the deal would benefit consumers as it becomes a fiercer competitor to the larger Verizon and AT&T.

But a group of state attorneys general tried to block the deal.

New York’s attorney general says an appeal is possible.

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