New York, February 12 (RHC)-- A Manhattan federal judge has approved T-Mobile’s plan to take over Sprint in a merger that would further consolidate the telecommunications industry by combining the nation’s third- and fourth-largest wireless carriers.
The ruling in favor of the merger came after attorneys general from 13 states and the District of Columbia tried to block it by arguing the consolidation would decrease competition in the industry and lead to higher cellphone bills.
