News Formal

US Justice Department tells T-Mobile, Sprint it opposes merger: source

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

[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.

[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.

T-Mobile US chief executive John Legere was in Washington on Tuesday and has meetings later this week at the US Federal Communications Commission, which is also reviewing the deal, two people briefed on the matter said. A government official said it is unclear if the Justice Department wants to kill the deal or is seeking specific concessions.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore housing market ranked 2nd most expensive in the worldThe Singapore housing market maintains its second place, averaging US$874,372 (US$1,063 per sq ft), and Shanghai is third at US$872,555 (US$714 per sq ft).
Source: IndependentSG - 🏆 2. / 72 Read more »