T-Mobile Sprint merger passes court challenge
Fewed by - Muzammil Zafar
A federal court case against US telecom company T-Mobile's merger with Sprint, brought by the states of New York and California, argued that the merger would decrease competition and violate anti-trust laws, but the case has been awarded to T-Mobile since even after the merger the companies will form only the third-largest mobile carrier in the US and will be able to compete better with larger rivals Verizon and AT&T.
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competition
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Tue Feb 11 -
Reuters