Nevada and Texas announced Monday they are dropping out of the suit that seeks to block T-Mobile's acquisition of Sprint. Texas said it got a number of commitments, including an agreement not to raise rates for 5 years and to ensure the state's rural areas have 5G coverage.
Why it matters: The lawsuit from the states is the main remaining hurdle to the deal's closure. Texas Attorney General Ken Paxton was the only Republican seeking to block the deal.