U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week: source

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U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week: source
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The U.S. Justice Department is set to decide as early as next week whether to ap...

WASHINGTON - The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, a person briefed on the matter said on Friday.

A federal filing Friday revealed Dish Chairman Charlie Ergen was among the executives who attended the meeting Tuesday, and the firm “discussed its opposition to the proposed merger of Sprint and T-Mobile as currently constructed.” Verizon Communications Inc, AT&T Inc, T-Mobile and Sprint control more than 98% of the U.S. wireless market and have wireless service revenues of more than $160 billion. T-Mobile and Sprint combined have more than 135 million customers, while Verizon and AT&T control two-thirds of the total U.S. wireless market.

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