SYRACUSE, N.Y (NCC NEWS) – According to the New York Post, Letitia James, one of 13 attorney generals who heavily disagreed with the merger between the third and fourth most powerful US wireless carriers, Sprint and T-Mobile, has decided to drop her court challenge on Sunday.
The move comes just days after she fought a court approval that allowed the ongoing merger to ensue.
“This merger has been about massive corporate profits over all else.”
James’ stance was muted over the weekend when announcing the State of New York’s sudden new take on the deal.
“New York has decided to not move forward with an appeal. We are gratified that this process has yielded commitments from T-Mobile to create jobs in Rochester and engage in robust national diversity initiatives that will connect our communities with good jobs and technology.”
Despite James claiming that the $26 billion merges would jack up consumer prices earlier this month, a Manhattan-based federal judge gave the go-ahead to both companies to continue finalizing the deal.
A group of other state regulators, including Massachusetts, Connecticut, and California are still seeking loopholes and other opportunities to pursue lawsuits where they can stop the Merger.
T-Mobile’s argument is that the merger will improve its ability to better compete with its rival companies AT&T and Verizon.
The merger could become official as early as April 1 according to both Sprint and T-Mobile