Mississippi Doesn’t Want T-mobile & Sprint to Merge

JACKSON, MS (Ben Caxton) — Mississippi has joined nine other states in a lawsuit to halt the proposed merger of T-Mobile and Sprint. The complaint alleges that merging the third and fourth largest national mobile network operators, who together serve more than 130 million subscribers, would deprive consumers of the benefits of competition and drive up prices for cell phone services. Since 2009 the average cost of mobile service has fallen about 28 percent according to the Labor Department while mobile data consumption has grown rapidly, but Attorney General Jim Hood argues the merger would put an end to that competition and increase prices for consumers. The average US household spends about $1100 annually on cell phone services.

 


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