Green light to the maxi-marriage in telecommunications. The US federal judge has approved the purchase of Sprint by T-Mobile (controlled by Deutshe Telekom) for more than 26 billion dollars. For the federal district judge, Victor Marrero, the combination should not "significantly reduce competition" after the sale of assets.
According to Judge Marrero, Sprint would not be competitive without the union with T-Mobile while the passage of Dish, from satellite TV operator to mobile phone operator (to get the green light, the two companies have decided to sell parts of their businesses to Dish), would benefit consumers.
The agreement leaves more than 95% of Americans with three mobile operators: the largest in the country is AT&T and the second is Verizon, while the third will be the new T-Mobile. In the pre-market, Sprint scores a +73,96% at $8,36; T-Mobile Gains 8,36% to $91,60; and Dish climbed 9,36% to $40,30. Deutsche Telekom in Frankfurt marks an increase of 3,93%.
