UPDATE 3-Colorado abandons legal effort to stop Sprint, T-Mobile merger

Colorado became on Monday the second state to drop out of an effort by state attorneys general led by New York and California to stop T-Mobile US Inc’s $26 billion merger with Sprint Corp. Colorado struck a deal with T-Mobile and Dish Network Corp , which is buying assets divested from the merger. In the deal, Dish pledged to bring 2,000 jobs to the state and T-Mobile pledged to deploy the next generation of wireless 5G across much of Colorado, the state attorney general’s office said in a statement.