Rutledge: Rural Arkansas to Benefit from T-Mobile/Sprint Merger
September 10, 2019
Says, ‘The merger will result in increased quality and more competitive prices for Arkansans’
LITTLE ROCK – Arkansas Attorney General Leslie Rutledge today released the following statement in support of the proposed T-Mobile US, Inc. and Sprint Corporation merger. Rutledge joined the U.S. Department of Justice in formally supporting the merger based on conditions of the agreement, which will form the nation’s third-largest telecommunications carrier.
“Arkansas stands to benefit from the T-Mobile merger with Sprint which will increase competition, especially in rural areas that have been deprived of reliable wireless service,” said Attorney General Rutledge. “From our evaluation, the merger will result in increased quality and more competitive prices for Arkansans by expanding rural broadband access and expediting 5G technology to provide an essential service for a desperately underserved population.”
The proposed merger agreement protects Arkansas consumers from any potentially anti-competitive market effects. As part of the merger agreement, T-Mobile and Sprint have also committed to a 5G build-out plan that is intended to cover 85 percent of rural Americans in a three-year period, and 90 percent within six-years.