Texas Attorney General Announces Settlement Agreement with T-Mobile on Sprint Merger

TX Attorney General Ken Paxton announced that his office reached a settlement with T-Mobile resolving the state’s antitrust claims against the proposed merger of mobile wireless telecommunications service providers Sprint and T-Mobile. The agreement is designed to prevent the New T-Mobile from increasing prices for wireless services on Texans for five years after the merger is complete. The agreement also commits the New T-Mobile to build out a 5G network throughout Texas, including rural areas, during the next six years. Terms of the agreement include requirements that the New T-Mobile:

• Give all Texas customers access to the same or better unlimited talk, text, and data rate plans as those offered by T-Mobile as of the date of the agreement for the next five years;
• Give all Texas customers access to T-Mobile limited data rate plans at a cost far below what is currently offered in the industry; 
• Commit to provide 5G wireless broadband coverage to areas where most Texans live, including most Texans living in rural portions of the state within the next three years and to expand that 5G coverage dramatically within the next six years;
• Offer Texas residents that are currently employed by Sprint and T-Mobile substantially similar employment with the New T-Mobile.