California and other states sue to stop Sprint and T-Mobile from merging - News Summed Up

California and other states sue to stop Sprint and T-Mobile from merging


T-Mobile and Sprint announced their merger deal more than a year ago, saying their combined pocketbooks and holdings of spectrum — the airwaves that carry cellphone signals — could result in a better 5G network than either company could build on its own. Several Wall Street analysts have agreed with that assessment. The United States is in a politically sensitive race with China to be on top as this technology is developed and implemented.


Source: Los Angeles Times June 11, 2019 17:20 UTC



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