DOJ and T-Mobile reportedly reach “rough agreement” on merger with Sprint

0
40

Approval from the Department of Justice (DOJ) is one of three remaining roadblocks preventing T-Mobile and Sprint from closing on their $26.5 billion merger that was first announced on April 29th, 2018. According to a report from CNBC, the DOJ  has reached a “rough agreement” with T-Mobile; the regulatory agency will allow the merger to go through as long as T-Mobile and Sprint agree to help make Boost Mobile the fourth major U.S. carrier replacing Sprint. To win FCC approval for the transaction, T-Mobile already agreed to divest itself of the pre-paid wireless provider, freeze prices …

Go to Source