New York Sunday dropped its fight against the $40 billion merger of T-Mobile and Sprint Corp, saying the state wouldn’t appeal a judge’s permission of the contract.
New York Attorney General Letitia James stated her office would end the court challenge to the 2018 merger contract between the third- and fourth-largest U.S. wireless carriers.
Instead, she stated her office hopes “to work with all of the parties to make sure that customers get the best pricing and service possible, that networks are constructed out all through our state, and that good-paying jobs are created in New York.”
A U.S. federal judge gave the companies the go-ahead Tuesday to complete the merger. New York, California, and other states had challenged it on antitrust grounds, saying it could drive up prices for consumers.
The California Attorney General Xavier Becerra stated it was reviewing the court ruling and its options.
Attorneys general offices for Connecticut and Massachusetts stated they’re reviewing the decision and evaluating their choices.
The eight other states in the organization and the District of Columbia didn’t reply to requests for comment.
In her assertion, New York’s James stated the “process has yielded commitments from T-Mobile to generate jobs in Rochester and engage in sturdy national diversity initiatives that may connect our communities with good jobs and technology.”
Other states have further stopped pursuing their battle by focusing on jobs they had been promised.
In October, Colorado became the second state, after Mississippi, to drop its legal challenge after striking a deal with T-Mobile and Dish Network, which can purchase the assets stripped from the merger.