NEW YORK — T-Mobile is about to face 14 state attorneys general in court in defense of its attempt to buy Sprint for $26.5 billion.
A combined T-Mobile-Sprint company would become a fiercer competitor to the larger Verizon and AT&T. But the states argue that having one fewer mobile carrier would cost Americans billions of dollars in higher wireless phone bills.
Sprint and T-Mobile have been working toward the deal since April 2018.
If the states win their case, other companies may attempt to merge with or acquire T-Mobile or Sprint, according to sources in a CNBC report.
The trial in U.S. District Court in New York is expected to last several weeks.