VoIP-Pal Granted Leave to File Amended Antitrust Complaint Against AT&T, Verizon, and T-Mobile

Regulation
โดย GlobeNewswire·US·Read original
Summary · why it matters

VoIP-Pal.com Inc. has been granted leave by the United States District Court for the District of Columbia to file an amended complaint focusing on federal antitrust claims under the Sherman Act against AT&T, Verizon, and T-Mobile. The amended complaint, limited to 60 pages and due within 30 days, will detail allegations that the carriers and mobile platform providers excluded independent Wi-Fi calling providers from the market. VoIP-Pal will streamline the litigation by dropping several counts, including RICO claims, to concentrate on the Sherman Act claims that are central to all four pending actions. CEO Emil Malak stated the amended complaint will more clearly show how the defendants' conduct foreclosed competition and prevented VoIP-Pal from entering the market.

Impact on stocks 4

Cloud & Digital Infrastructure · 4 stocks
AT&T Inc.
T
▼ NegativeRegulationrelevance

Faces amended antitrust complaint alleging exclusion of Wi-Fi calling providers.

T-Mobile US Inc
TMUS
▼ NegativeRegulationrelevance

Faces amended antitrust complaint alleging exclusion of Wi-Fi calling providers.

Deutsche Telekom AG
DTE
▼ NegativeRegulationrelevance

As parent of T-Mobile, indirectly exposed to antitrust litigation.

Off-coverage companies 1

VoIP-Pal.com Inc.Private▲ Positive
Regulationrelevance

Granted leave to file amended antitrust complaint, advancing its case.