T-Mobile’s $26 billion merger with Sprint may soon linger on whether a judge believes media tycoon Charlie Ergen is a man of his word. The alliance of attorneys general trying to prevent T-Mobile’s merger with Sprint plans to attack Ergen’s history of supposedly broken promises to the government.
At a Manhattan federal court trial starting on Monday, the AGs will claim the billionaire can’t be trusted to replace Sprint as the nation’s fourth-largest wireless carrier. They will claim he “never plays by the rules”.
In a lawsuit filed earlier this year, a group of AGs asked the court to block the T-Mobile and Sprint merger by claiming that it will reduce the competition and it will result to higher prices for consumers.
T-Mobile and Sprint have backfired at the AGs’ claims by giving Ergen’s Dish the tools it would need to replace Sprint as the nation’s fourth-largest cellular company.
