Sprint T-Mobile merger just got hit with a delay

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The Sprint and T-Mobile merger just got hit with a delay. The Federal Communications Commission said it needs more time to review the proposed deal between the two telecommunication companies.

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FCC pauses review of T-Mobile, Sprint mergerThe Federal Communications Commission, which is reviewing the planned merger of T-Mobile US Inc and Sprint Corp , said on Tuesday it has paused its review clock to give the agency time to analyze new and anticipated submissions from the companies.
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FCC pauses review of T-Mobile, Sprint mergerThe FCC paused its review of the planned merger of T-Mobile and Sprint, citing new and complicated submissions from the companies and a third submission that the FCC has not yet received.
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T-Mobile pays Democratic former FCC commissioner to advise on Sprint mergerT-Mobile has tapped the FCC's most recently departed commissioner, Democrat Mignon Clyburn, as a paid adviser to its $26 billion deal with Sprint, pitting her against public interest groups that oppose the deal and typically see Clyburn as a reliable ally Money, get away Get a good job with good pay and you're okay Money, it's a gas Grab that cash with both hands and make a stash New car, caviar, four star daydream Think I'll buy me a football team So all those rooms at the Trump hotel weren't enough to get the deal done? Sucks being grifted eh JohnLegere ? Let me get this straight. They have a problem with Sprint and T-Mobile merging, but they let AT&T and Time-Warner merge? That's fucked up.
Source: politico - 🏆 381. / 59 Read more »