Colorado joins lawsuit against Sprint-T-Mobile merger

Photo courtesy: MGN
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DENVER (KKTV) - A group of state attorneys general, including Colorado's attorney general, are filing a lawsuit to stop T-Mobiles $26.5 billion bid for Sprint.

The attorneys general are citing consumer harm in the deal.

The following was sent out by the Colorado Department of Law regarding joining the lawsuit:
"“The break-up of the AT&T monopoly 35 years ago paved the way for the competition, innovation, and customer choice in the telecommunications market that we all enjoy today.

The $26 billion merger of T-Mobile and Sprint would reduce competition in retail mobile wireless services and the prices that Colorado consumers pay for those services. Particularly hard hit would be prepaid customers. Many of these customers come from low-income households and their mobile handsets are their primary—or even only—means of connecting to the internet.

To protect Colorado consumers, and the benefits that come from competition, the court should block this merger.”

The state AGs say the merger would hurt competition and drive up prices for cellphone service.

The Republican chairman of the Federal Communications Commission supports the deal.

The companies say they need to bulk up to upgrade to a fast, powerful "5G" mobile network that competes with Verizon and AT&T. The companies are appealing to President Donald Trump's desire for the U.S. to "win" a global 5G race. Consumer advocates and Democratic lawmakers worry about price increases and job cuts.

Other attorneys general joining Tuesday's lawsuit are from Connecticut, New York, California the District of Columbia, Maryland, Michigan, Mississippi, Virginia and Wisconsin.