Reports: States will sue to stop $26.5B Sprint-T-Mobile deal
NEW YORK: Published reports say a group of state attorneys general are planning a lawsuit to block a $26.5 billion merger of wireless carriers T-Mobile and Sprint.
It’s an unusual step ahead of a decision by federal antitrust authorities.
The reports from Reuters and The Wall Street Journal cite unidentified people familiar with the matter.
The Justice Department has not yet issued a decision. The Republican chairman of the Federal Communications Commission, the nation’s telecom regulator, supports the deal.