Mobile: Sprint Sues to Stop Merger Between AT&T and T-Mobile
It's official. Last week, Sprint released a report debunking any and all of AT&T"s argument for its merger with T-Mobile. And now, Sprint has launched a suit against the deal.
Obviously, Sprint is doing this to make sure it doesn't have deal with what is already a worse situation in mobile as far as it subscribers are concerned. And don't believe for a second that Sprint wants to do the consumer a favor in the name of competition.
This suit was inevitable. Last week, the Department of Justice also filed a lawsuit against the merger.
While most experts still believe that the deal will go through because AT&T will sell off assets to please regulators, it probably was going to have to do that anyway. For AT&T, eliminating T-Mobile does remove a competitor that has been more innovative than the two top wireless providers, in terms of pricing and features.