Price wor­ries linger af­ter T-Mo­bile’s Sprint deal is cleared

Antelope Valley Press - - BUSINESS -

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.

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