Search results for "T-MOBILE"

New York attorney general drops T-Mobile-Sprint challenge

NEW YORK (AP) — New York’s attorney general said Sunday the state will not appeal a judge’s decision approving the merger of T-Mobile and Sprint. Attorney General Letitia James and California Attorney General Xavier Becerra led a coalition of 14 attorneys general who sued to stop T-Mobile’s purchase of Sprint for $26.5 billion. They argued […]

Federal judge approves T-Mobile's $26.5B takeover of Sprint

NEW YORK (AP) — A federal judge has approved T-Mobile’s $26.5 billion takeover of Sprint, rejecting objections from a group of states and removing a major obstacle to a shakeup in the wireless industry. After the deal closes, the number of major U.S. wireless companies would shrink from four to three. T-Mobile says the deal […]

T-Mobile CEO says if Sprint deal fails, prices may go up

By TALI ARBEL AP Technology Writer NEW YORK (AP) — T-Mobile CEO John Legere said if his company’s $26.5 billion deal to buy Sprint fails, it may have to raise prices to slow user growth and relieve stress on the T-Mobile network. He said that would be his “worst nightmare.” Legere’s testimony came on the […]

State AGs look to head off T-Mobile-Sprint deal in court

By TALI ARBEL AP Technology Writer NEW YORK (AP) — A high-drama telecom deal is heading to court. T-Mobile, in its attempt to buy Sprint for $26.5 billion, has already notched approvals from key federal regulators. Now it must convince a federal judge that the 14 state attorneys general suing to stop the deal are […]

Colorful T-Mobile CEO leaving, even as Sprint deal not done

By The Associated Press undefined T-Mobile said Monday its colorful CEO John Legere is stepping down next year, even as the wireless company’s long-running effort to merge with rival Sprint remains unfinished. Its current president and chief operating officer, Mike Sievert, will become CEO in May after Legere’s contract ends. T-Mobile is trying to combine […]

T-Mobile says close of Sprint deal delayed until next year

T-Mobile says it expects its combination with Sprint to close next year as it awaits a December antitrust trial with a group of state attorneys general. The company previously planned to complete the deal this year. The U.S. Department of Justice and the Federal Communications Commission have approved the deal, but a coalition of 15 […]