US: Regulators close to approving T-Mobile-Sprint merger

US: Regulators close to approving T-Mobile-Sprint merger

The long-running proposed US$26 billion T-Mobile-Sprint merger is close to getting a go-ahead from federal regulators. The US Justice Department’s Antitrust Chief Makan Delrahim’s scheduled testimony before the Senate’s Atitrust Subcommittee on Tuesday, July 23, was canceled on Saturday, July 20. The move shows the deal is about to close, insiders told Fox Business. The […]

US: DOJ’s Delrahim met with FCC’s Pai to talk T-Mobile-Sprint merger

US: DOJ’s Delrahim met with FCC’s Pai to talk T-Mobile-Sprint merger

Federal Communications Commission (FCC) Chairman Ajit Pai and Justice Department (DOJ) antitrust chief Makan Delrahim allegedly met last Friday, June 7, to discuss the T-Mobile-Sprint merger. According to Fox Business, the two discussed how they can keep the US telecom space remains competitive and how they can ensure that T-Mobile and Sprint follow through with […]

US: Hawaii utility approves T-Mobile-Sprint merger

US: Hawaii utility approves T-Mobile-Sprint merger

T-Mobile and Sprint have inched one step closer to a deal after winning an approval for their merger from Hawaii’s public utilities commission, according to Bloomberg. The approval is subject to certain conditions. The approval means that T-Mobile and Sprint have 18 out of 19 public utility commission approvals now. The two companies only need approval […]

US: Pennsylvania utilities commission approves T-Mobile-Sprint merger

US: Pennsylvania utilities commission approves T-Mobile-Sprint merger

Pennsylvania’s Public Utility Commission on Thursday, May 23, approved T-Mobile US’s $26 billion purchase of rival Sprint, reported Reuters. The companies are still awaiting approval from the Justice Department’s Antitrust Division and two other state commissions—California and Hawaii. It was unclear if state attorneys general will fight the proposed transaction. The deal has already won […]

US: T-Mobile and Sprint to defend before house

US: T-Mobile and Sprint to defend before house

According to a report from Bloomberg, T-Mobile CEO John Legere and Sprint Chairman Marcelo Claure have agreed to testify about their planned US$26.5 billion merger before a Democratic-controlled House panel. The hearing, scheduled for February 13, gives Representative David Cicilline of Rhode Island, the chairman of the House Antitrust Subcommittee, an opportunity to examine a […]

US: House committees to hold joint hearing on T-Mobile-Sprint merger

US: House committees to hold joint hearing on T-Mobile-Sprint merger

Two US House panels will hold a joint hearing on Feb. 13 on T-Mobile US and Sprint proposed $26 billion merger and its potential impact on consumers, The Hill reported. The House Energy and Commerce Committee and the Judiciary Committee will hold a joint hearing to “examine the merger’s potential impacts on consumers, workers and the wireless […]

US: Democrats want another hearing on T-Mobile-Sprint merger

US: Democrats want another hearing on T-Mobile-Sprint merger

In a letter sent to two top members of the US Senate Commerce, Science, and Transportation Committee, five US Senate Democrats called for a hearing on the potential effects of the proposed merger between T-Mobile and Sprint, reported CNET. The letter brought up concerns that the merger could lead to higher prices, fewer choices, and […]

US: Former DOJ chief counsel sees T-Mobile, Sprint merger affecting the poor

US: Former DOJ chief counsel sees T-Mobile, Sprint merger affecting the poor

The poorest US consumers would lose most from the proposed tie-up of wireless carriers T-Mobile US Inc and Sprint, according to consumer advocates who warned the combined company would hike fees for pre-paid and other low-cost mobile phone plans, reported Reuters. T-Mobile and Sprint announced a US$26 billion all-stock deal on Sunday, April 29, saying […]

US: T-Mobile and Sprint are in merger talks

US: T-Mobile and Sprint are in merger talks

T-Mobile and Sprint are in active talks about a merger, according to the Financial Times. Both companies and their parents, Deutsche Telekom and Softbank, have been in frequent conversations about a stock-for-stock merger in which T-Mobile parent Deutsche Telekom would emerge as the majority owner. People close to the situation stress that negotiators are still […]