T-Mobile US Inc. is offering a revised rationale for buying Sprint Corp., a turn that critics say is a sign the carrier’s earlier arguments weren’t winning over U.S. officials who can bless or kill the deal.
New York’s Attorney General’s Office is stepping up its probe into T-Mobile’s proposed merger with Sprint, concerned that the wireless giants could hike prices on cheaper prepaid services if they combined, sources told The Post.
The California Public Utilities Commission (CPUC) has scheduled an “evidentiary hearing” to review the proposed merger between Sprint and T-Mobile in February, and the commission isn’t scheduled to issue a decision on the transaction until June of next year.
California Attorney General Xavier Becerra is investigating whether T-Mobile US Inc.’s bid to acquire Sprint Corp. would violate any state or federal laws.
Companies contacted about competition in pay-as-you-go wireless market.