US: DOJ may decide on T-Mobile/Sprint deal next week

US: DOJ may decide on T-Mobile/Sprint deal next week

The US Justice Department is set to decide as early as next week whether to approve the US$26.5-billion merger of wireless carriers T-Mobile and Sprint, Reuters reported Friday, June 14. Earlier last week, Dish Network executives met with the Justice Department’s antitrust chief Makan Delrahim and Federal Communications Commission Chairman Ajit Pai as part of […]

US: States sue to stop $26.5B Sprint-T-Mobile deal

US: States sue to stop $26.5B Sprint-T-Mobile deal

A group of state attorneys general led by New York and California are filing a lawsuit to block T-Mobile’s US$26.5 billion bid for Sprint, citing consumer harm. According to Bloomberg, the state AGs say the merger would hurt competition and drive up prices for cell phone service. “When it comes to corporate power, bigger isn’t […]

US: Amazon considers buying Boost from T-Mobile & Sprint

US: Amazon considers buying Boost from T-Mobile & Sprint

According to an exclusive report by Reuters, multiple sources close to the negotiations have confirmed that Amazon is currently interested in purchasing Boost Mobile from T-Mobile and Sprint. One source confirms if the deal goes through, Amazon would gain access to T-Mobile’s new wireless network for a minimum of six years. T-Mobile and Sprint have […]

US: DOJ’s Delrahim still open to Sprint-T-Mobile deal says CNBC

US: DOJ’s Delrahim still open to Sprint-T-Mobile deal says CNBC

The US Department of Justice’s (DOJ) antitrust chief, Makan Delrahim, is still open to T-Mobile’s US$26 billion acquisition of smaller rival Sprint, CNBC reported on Thursday, May 23. Makan Delrahim, head of the DOJ’s Antitrust Division, is still talking with the companies and may be trying to find a way to support a deal despite […]

US: DOJ leans against approving T-Mobile’s takeover of Sprint

US: DOJ leans against approving T-Mobile’s takeover of Sprint

Two federal agencies reviewing the US$26 billion Sprint/T-Mobile deal appear split in their thinking about the transaction. The US Department of Justice (DOJ) is leaning against approving T-Mobile’s proposed takeover of Sprint as the remedies proposed by the companies do not resolve antitrust concerns, reported the Washington Post. Ajit Pai, from the Federal Communications Commission […]

US: FCC chairman backs T-Mobile, Sprint merger

US: FCC chairman backs T-Mobile, Sprint merger

The chairman of the Federal Communications Commission (FCC) says he plans to recommend the agency approve the US$26.5 billion merger of wireless carriers T-Mobile US and Sprint, saying it’ll speed up 5G deployment in the US he expressed in a statement on Monday, May 20. FCC Chairman Ajit Pai also said Monday that the combination […]

US: Sprint and T-Mobile extend merger deadline to July 29

US: Sprint and T-Mobile extend merger deadline to July 29

Sprint and T-Mobile have announced an agreement to extend the deadline for their proposed US$26 billion merger deal to July 29, reported Reuters. The extension was revealed in a filing with the Securities and Exchange Commission, and means that the two carriers now have more time to get the proposed merger approved by both the […]

US: Delrahim has not made up mind on Sprint, T-Mobile merger

US: Delrahim has not made up mind on Sprint, T-Mobile merger

According to a report from Reuters, Makan Delrahim, the head of the US Justice Department’s Antitrust Division, said on Monday, April 29, that there had been no decision made on whether to approve the merger of Sprint and T-Mobile, but that meetings on the matter continue. “I have not made up my mind,” he said […]

US: T-Mobile, Sprint step up lobbying

US: T-Mobile, Sprint step up lobbying

According to a report from Reuters, Senior executives at T-Mobile US and Sprint made the case to US officials in Washington last week that they should approve a planned tie-up between the two wireless companies, arguing a combined firm would have incentives to “aggressively lower prices.” T-Mobile US Chief Executive John Legere, Sprint executive chairman […]

US: Sprint CEO met with FCC on merger

US: Sprint CEO met with FCC on merger

An Federal Communications Commission (FCC) filing notes that Sprint CEO Michel Combes met with FCC Chief of Staff Matthew Berry on Friday, April 5, to discuss the proposed US$26 billion merger between Sprint and T-Mobile. The agency had resumed its 180-day “shot clock” for reviewing the merger on Thursday; that was the third pause in […]

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