WASHINGTON/NEW YORK ¨C T-Mobile US Inc.¡¯s bid to buy wireless rival Sprint Corp. is in a judge¡¯s hands after the companies made their final plea for him to reject a state lawsuit seeking to block the deal.
U.S. District Judge Victor Marrero in New York heard closing arguments on Wednesday in the states¡¯ antitrust lawsuit over the $26.5 billion deal, which would unite the third- and fourth-largest U.S. wireless carriers and create a rival to market leaders AT&T Corp. and Verizon Communications Inc.
Marrero, who asked no questions of the parties, said he will rule as ¡°promptly as possible.¡± It¡¯s been almost two years since the companies announced their planned merger in April 2018. T-Mobile and Sprint had discussed a merger previously but their proposals were rejected by Obama-era federal regulators.
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