Technology

Sprint asks court to allow lawsuit against AT&T-T-Mobile merger to go forward

The Justice Department has also sued to block the $39 billion merger, arguing it would stifle competition in the wireless industry. 

AT&T said Sprint is just trying to protect its own interests.

“Despite their disingenuous rhetoric, Sprint is obviously afraid of competition,” Wayne Watts, AT&T’s general counsel, said. “Antitrust law is not about protecting a particular competitor, but rather is about protecting competition, and that is why we are confident that Sprint’s complaint will ultimately fail.”

If AT&T is allowed to acquire T-Mobile, it and Verizon will be the nation’s largest wireless carriers, leaving Sprint a distant third. 

Tags

Most Popular

Load more

Video

See all Video