T-Mobile Girds for Decisive Battle With States Over Sprint – Bloomberg
The future of the U.S. wireless industry hinges on a court battle kicking off Monday in federal court in Manhattan, a case that could end with T-Mobile US Inc. buying Sprint Corp., and Dish Network Corp. getting the go-ahead to enter the market.
U.S. Judge Victor Marrero will weigh arguments from a group of states that say he should block the $26.5 billion Sprint deal because it will raise prices on consumers by eliminating competition between the two carriers. T-Mobile says the opposite: By combining with Sprint, it can reduce costs and lower prices.
In fact probably no one knows but the expert economists have got to be cashing in on this one.