BREAKING: Attorney General reaches agreement with T-Mobile-Sprint merger
Mississippi Attorney General Jim Hood announced Wednesday that an agreement has been reached with T-Mobile and Sprint.
The two wireless companies plan to merge into one company, operating under the T-Mobile name and branding, with hopes of creating a nationwide 5G network.
Hood originally opposed the idea and filed multistate litigation to prevent it because only two percent of Mississippians would have been covered by future 5G services provided by the stand-alone T-Mobile.
According to a press release from the Attorney General’s office, the following commitments were made in the agreement:
- Within three years of closing on the merger, the New T-Mobile will deploy a 5G network in Mississippi with at least 62 percent of the state’s general and rural populations having access to download speeds equal to or greater than 100 Mbps.
- Within six years of closing, it will cover at least 92 percent of Mississippi’s general population and 88% of Mississippi’s rural population.
- These commitments include 5G service in rural areas, including but not limited to Amite, Carroll, Choctaw, Covington, Franklin, Greene, Issaquena, Kemper, Lawrence, Marion, Perry, Smith, Tippah, and Walthall counties.
- The parties also made limited price commitments and, in discussions with the Attorney General’s Office, vowed to decrease prices as supply increased, particularly as DISH enters the mobile market.