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National Wireless Independent Dealer Association

FCC Asks for More Time re: Verizon Trac Merger

Verizon - 5G - - NWIDAThe FCC has filed a Public Notice (see below) requesting an additional 90 days to review the potential Verizon / Tracfone merger.

The FCC has not yet issued an order acting on this application for international section 214 authority because it raises issues of extraordinary complexity and thus an additional 90 day period for review is needed.

Basically, this means this is not a “slam-dunk” deal. It could mean (as it did with the T-Mobile/Sprint merger) the government may require Verizon to spin off some pieces of Trac, before taking over the majority of the operations and customers. It could mean more – or it may not mean anything at the end of the day. But the fact that they’re asking for 90 more days certainly indicates they’re taking a close look.

 
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