Sprint, T-Mobile win US antitrust approval for US$26 billion merger

WASHINGTON: T-Mobile US Inc won U.S. antitrust approval for its US$26 billion takeover of rival Sprint Corp, the Justice Department said Friday, clearing a major hurdle to a deal that merges the nation's third and fourth largest wireless carriers.

"It's a bit dumbfounding to think that we've decided to go and build this network and go through this merger so that we can become the basic, lazy, fat, dumb and arrogant players that we were born to teach how to behave," he told analysts in a conference call. New York State Attorney General Letitia James indicated the lawsuit would continue, at least in part because of what critics see as Dish's failure to live up to pledges it had made.

Federal Communications Commission Chairman Ajit Pai said in a statement on Friday he would soon circulate a formal order supporting the deal. The FCC could vote on final approval in August or September, officials said.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

US Justice Department approves US$26 billion Sprint, T-Mobile mergerWASHINGTON: The US Justice Department said on Friday it is approving T-Mobile US Inc's US$26 billion takeover of rival Sprint Corp, clearing a ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »

Sprint, T-Mobile win US antitrust approval for US$26 billion mergerWASHINGTON: T-Mobile US Inc won US antitrust approval for its US$26 billion takeover of rival Sprint Corp, the Justice Department said on Friday, ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »

US DOJ in talks with states to win support for T-Mobile, Sprint merger: WSJThe U.S. Justice Department is negotiating with state officials to get them to support a planned settlement that would allow T-Mobile US Inc and ...
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »