T-Mobile US Inc.’s edged closer to a takeover of Sprint Corp. after a federal judge on Feb. 11 approved the deal, rejecting a claim by a group of states that said the deal would violate antitrust laws and raise prices.
During a two-week trial in December 2019, T-Mobile and Sprint argued the merger will better equip the new company to compete with top players Verizon Communications Inc. and AT&T Inc. as the third-largest U.S. wireless carrier, creating a more efficient company with low prices and faster internet speeds.