The $39 billion merger between AT&T and T-Mobile can always go ahead, but it'll need to face a suit declaring unfair competition from Sprint and C Spire prior to it being completed, having a U.S. District Judge permitting the companies' situation to proceed after disregarding a few of their more crazy claims.
Judge Ellen Huvelle ruled yesterday that Sprint and C Spire (formerly Cellular South) could continue their law suit from the merger, but limited the situation towards the effects the effective merger may have around the share of the market for mobile products and, in C Spire's situation, the harm a merger would cause on purchasing roaming service.
(MORE: T-Mobile's No-Contract 4G Android Phone Does not Look Terrible)
Not surprisingly, with your a smart and fair decision, each side stated victory. AT&T general counsel Wayne W stated that the organization was happy with the ruling and "believe the limited, minor claims they've left are entirely without merit." Meanwhile, Sprint's SVP of lawsuit, Susan Haller, introduced her company's pleasure, saying, "a legal court has provided us with the opportunity to continue fighting to preserve competition with respect to customers and also the wireless industry."
The following stage from the legal fight is going to be scheduled on December ninth.
MORE: DOJ Memo Discloses How Lengthy Cell Service providers Retain Your Computer Data
[via AdWeek]
Graeme McMillan is really a reporter at TIME. Find him on Twitter at @Graemem or on Facebook at Facebook/Graeme.McMillan. You may also continue the discussion on TIME's Facebook page as well as on Twitter at @TIME.
No comments:
Post a Comment