October 21, 2019 / 3:21 PM / 24 days ago

Colorado drops out of states' fight to stop Sprint, T-Mobile merger

WASHINGTON, Oct 21 (Reuters) - Colorado has decided to drop out of an effort by state attorneys general to T-Mobile US’s merger with Sprint in exchange for 2,000 jobs, the Colorado attorney general’s office said in a statement.

The lawsuit led by New York against the firms and their parent companies Softbank Group Corp and Deutsche Telekom AG, argues the deal will hike consumer prices. A trial date has been set for Dec. 9.

Reporting by Diane Bartz Editing by Chizu Nomiyama

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