T-Mobile-Sprint merger approved by federal judge

The deal between T-Mobile and Sprint was stopped in its tracks after an appeal by a group of states, led by California and New York senators. Reuters reports that a federal judge approved the deal, rejecting the claim that the proposed action would violate antitrust laws and raise prices. During the trial in December, the carriers said that a joint venture would help the companies challenge Verizon and AT&T, becoming the third-largest carrier with competitive prices and internet speeds. Joining forces would mean T-Mobile's low-band spectrum and Sprint's mid-band spectrum will...

via shopmatrix