T-Mobile and Sprint <br />Merger Worth $26 Billion <br />Is Approved by Judge Sprint stock prices increased <br />76 percent following news that <br />the merger was approved by a district judge. T-Mobile shares <br />were up by 10 percent. Attorneys general from more <br />than a dozen states — including <br />New York and California — <br />sought to block the deal. They argued the merger <br />of the third and fourth largest <br />U.S. carriers would lead to <br />increased prices for consumers. Sprint and T-Mobile argued <br />the merger would them build <br />a 5G network across the country, and to compete <br />with Verizon and AT&T, the <br />number one and two U.S. carriers. The merger between <br />T-Mobile & Sprint was <br />approved in July of 2019.
