The U.S. Justice Department approves of T-Mobile, Sprint tie-up

A smartphone with the Sprint logo is seen in front of a screen, the projection on the T-mobile logo, in this picture illustration April 30, 2018. REUTERS/dado Ruvic/Illustration

WASHINGTON (Reuters) – The U.S. Justice Department said it was greenlighting a T-Mobile US Inc’s (TMUS.D) a request for the acquisition from rival Sprint Corp (S. N) at the end of the firms agreed to divest Sprint prepaid companies, including Boost Mobile, Dish Network Corp (DISH.(O) in an attempt to create a new wireless competitor.

The Justice Department and five state attorneys general said they were filing a claim to ensure compliance with the scheme terms and conditions, which are the companies that have a platform with access to up to 20,000 mobile phones, and hundreds of retail locations. The deal, which would combine the nation’s third-and fourth-largest wireless carriers, has been challenged in the courts by any other state attorneys general, led by New York city.

Reporting by Diane Bartz and David Shepardson; Editing by Paul Commented

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