T-Mobile Sprint merger can move forward, judge is expected to rule

John Legere (at center).



John Legere (at center).

A federal judge will clear the way for T-Mobile’s to combine forces with Sprint over the objections of a coalition of state attorneys general who argued the merger would result in higher mobile phone bills for customers, according to reports in the New York Times and the Wall Street Journal.

The decision, expected Tuesday, removes one of the last remaining challenges to the deal which would create a much larger competitor to wireless heavyweights AT&T and Verizon.

Shares of Sprint surged nearly 69% in after-hours trading Monday to $8.10.

It is not yet known if T-Mobile and Sprint, the No. 3 and No. 4 wireless carriers, will have to make any additional concessions beyond what they’ve already agreed to. Federal officials signed off on the deal after Sprint agreed to sell its Boost Mobile prepaid carrier unit to Dish and other concessions.

Higher cellphone prices?:Sprint exec suggests T-mobile deal may increase mobile service prices for consumers


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