t-mobile-sprint merger
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Texas backs out of the lawsuit to stop the T-Mobile and Sprint merger
Texas no longer stands in the way of the T-Mobile and Sprint merger. The state has reached a settlement with T-Mobile, Texas Attorney General Ken Paxton announced today. In exchange for T-Mobile's commitment to build a 5G network throughout Texas, Paxton will drop the lawsuit he filed in August in an attempt to block the $26.5 billion deal.
T-Mobile opens a home internet trial in rural and underserved areas
T-Mobile is rolling out home internet service with an invitation-only trial starting today. It hopes to connect 50,000 homes in rural and underserved areas through the LTE program this year.
Democrats want to take another look at the T-Mobile-Sprint merger
T-Mobile's planned purchase of Sprint is facing new and intense scrutiny from the Democrat-controlled House of Representatives. The executives of the two companies will sit before two congressional hearings this week -- House Committee on Energy and Commerce took up the topic on Wednesday and the House Committee on the Judiciary will question the company heads on Thursday.