Justice Department tells T-Mobile, Sprint it has concerns about merger: sources

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 66%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp that it opposes their planned US$26 billion merger in its current form, a ...

REUTERS: The U.S. Justice Department has told T-Mobile US Inc and Sprint Corp it has concerns about their US$26 billion merger in its current structure, sources familiar with the matter said on Tuesday, although no final decision has been made.

T-Mobile has defended the proposed merger, saying the combined company would be better and faster at building 5G, the next generation of wireless, to compete with industry leaders AT&T Inc and Verizon Communications Inc. T-Mobile US Chief Executive John Legere was in Washington on Tuesday and has meetings later this week at the U.S. Federal Communications Commission, which is also reviewing the deal, two people briefed on the matter said.Sprint declined to comment. Legere said on Twitter it was"simply untrue," as had been reported, that Justice Department staff had told the companies the deal was unlikely to be approved in its current form. The Justice Department declined to comment.

The agreement to combine the carriers, struck in April 2018, was approved by both companies’ shareholders in October and has received national security clearance, but still needs approval from the Justice Department and FCC. A number of state attorneys general are also reviewing the deal.Executives from both companies faced tough questions from lawmakers in February about how the companies' planned merger would affect prices and jobs, especially in rural America.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

US Justice Department tells T-Mobile, Sprint it opposes merger: source[NEW YORK] The US Justice Department has told T-Mobile US Inc and Sprint Corp that it opposes their planned US$26 billion merger in its current form, a source familiar with the matter said on Tuesday, though a final decision has not been made. Read more at The Business Times.
출처: BusinessTimes - 🏆 15. / 51 더 많은 것을 읽으십시오 »

More customers blast RedMart-Lazada merger for making online grocery shopping a hassleThe recent RedMart-Lazada merger does not seem to be going well with several customers, who have complained that the new system has glitches that make
출처: IndependentSG - 🏆 2. / 72 더 많은 것을 읽으십시오 »

Deutsche Bank CEO and chair to stay in top roles after possible merger: SpiegelDeutsche Bank's current Chief Executive Christian Sewing and Chairman Paul Achleitner would continue to lead the bank if it merges with ...
출처: ChannelNewsAsia - 🏆 6. / 66 더 많은 것을 읽으십시오 »