Texas AG Settles on T-Mobile / Sprint Merger

[cdmagurus.com]

Texas Attorney General Ken Paxton today announced a settlement with T-Mobile over its proposed merger with Sprint. This removes Texas from the list of states suing to stop the merger on antitrust grounds. Paxton was the only conservative attorney general participating on the suit. The settlement stipulates that Texans have access to rate plans as good or better than current plans for the next five years. The settlement also includes promises on 5G coverage, and guarantees current employees will be able to keep their jobs when the merger is executed. 15 attorneys general are still suing to stop the merger. The suit is led by New York AG Letitia James and California AG Xavier Becerra. Still signed on to the suit are the AGs for Connecticut, Hawaii, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, Oregon, Pennsylvania, Virginia, Wisconsin, and the District of Columbia.


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