Talk between FCC and DOJ chiefs might result in approval for the T-Mobile-Sprint merger

0
14

Last Monday, T-Mobile and Sprint executives had quite a roller coaster day. First came word that FCC Chairman Ajit Pai had recommended to the other four FCC commissioners that they vote to allow the $26.5 billion merger of T-Mobile and Sprint to take place. But not too long after that story broke, a person familiar with the Justice Department’s review of the transaction said that the agency was going to reject the deal. Approval from both the FCC and DOJ is required for the transaction to close.
 
However, there still may be a way to salvage the merger. The New …

Go to Source