The target billion of the merger of the Telekom T-Mobile subsidiary with the US competitor Sprint is a press release before the approval of the Ministry of Justice.
However, the antitrust authorities would only give the green light under strict conditions for merging the two mobile operators, wrote the New York Times on Friday, according to three experts. Companies did not comment first.
The jurisdiction of the deal is to dispose of important parts of the business and radio spectrum to create the fourth competitor in the highly competitive US mobile telephony market with low capacity. It's a Boost Mobile Sprint pre-paid brand. As a buyer, cable providers Dish Network, Charter and Altice in question, said.
Although the US FCC industry regulator has already announced that it has approved a merger of around $ 26 billion (23 billion euros), the project is still very controversial. Just Tuesday, ten US lawyers in the US filed a lawsuit against the merger that T-Mobile and Sprint intend to end by July. Protracted disputes would be the main obstacle to the merger plan.
The New York Times report increased Sprint and T-Mobile shares in late US stock markets. Both companies tried to unite more than once, but the project was canceled mainly due to antitrust issues. T-Mobile is the number three, sprint number four in the US mobile phone market, dominated by US heavy AT & T and Verizon.
/ Hbr / FBA / DP / FBA
NEW YORK / WASHINGTON (dpa-AFX)