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National Wireless Independent Dealer Association

Merger Deadline Extended – Again

Sprint / T-Mobile Merger (NWIDA)According to an article (link below) in The Verge, Sprint and T-Mobile have opted to extend the merger deadline an extra month.

T-Mobile and Sprint announced a deadline extension for the $26.5 billion merger in a filing with the SEC. The two companies now have until July 29 to convince the FCC and DOJ to approve the transaction.

“I have not made up my mind,” Makan Delrahim, who heads the antitrust division of the Justice Department, told CNBC on Monday. “The investigation continues. We’ve requested some data from the companies that will be forthcoming. We don’t have a set number of meetings or a timeline.”

Monday marked the one-year anniversary of the merger announcement.

Click here for the entire article

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