On Wednesday, the FCC formally approved the merger between T-Mobile and Sprint.
The merger was pushed through on a party-line vote with Democrats dissenting, said an FCC official.
Now, the merger faces one more battle before they plan to close the deal. The FCC and DOJ are the only two federal agencies required to approve telecom deals before they can close, and the DOJ already gave the companies the thumbs-up in July. However, a bipartisan coalition of state attorneys general are still trying to block the deal through a multi-state lawsuit, and representatives from the two companies said that they won’t close the merger until that is resolved.
Read the entire article here
|NWIDA members, contact us today if you need our assistance and if you’re not yet a member, we invite you to join today.|
|Want news like this delivered to your inbox? Click HERE|
|Want news like this delivered to your Alexa Flash Briefing? Click HERE|
|Want news like this in your RSS feed? Click HERE|