Price worries linger after T-Mobile’s Sprint deal is cleared
NEW YORK — A federal judge has cleared a major path for T-Mobile to buy Sprint for $26.5 billion. He cites T-Mobile’s track record in promoting competition, even as legal scholars and consumer advocates warn about higher phone bills. T-Mobile says the deal would benefit consumers as it becomes a fiercer competitor to Verizon and AT&T. But a group of state attorneys general tried to block the deal, saying that one fewer phone company will mean higher prices. New York’s attorney general says an appeal is possible. Though the deal still needs a few more approvals, T-Mobile expects to close it as early as April 1.