Sprint Sues to Block AT&T’s $39 Billion Takeover of T-Mobile
This article is for subscribers only.
Sprint Nextel Corp. sued to block AT&T Inc.’s proposed $39 billion purchase of wireless carrier T-Mobile USA Inc. less than a week after the U.S. Justice Department moved to halt the transaction.
Sprint, the third-biggest U.S. wireless operator, filed an antitrust lawsuit today in federal court in Washington, saying the deal would harm consumers and weaken Sprint’s ability to compete with AT&T and Verizon Communications Inc. The case was assigned to U.S. District Judge Ellen Segal Huvelle, who is overseeing the government’s suit against the acquisition.