US telecoms regulator stops clock on Sprint, T-Mobile merger review

WASHINGTON: The U.S. Federal Communications Commission said on Thursday it has halted the informal 180-day"shot clock" on the review of the merger of wireless providers Sprint Corp and T-Mobile US Inc to give the public three additional weeks to comment on the US$26 billion tie-up.

T-Mobile and Sprint in separate statements called the FCC decision"a positive step" that the FCC is"so deeply engaged in understanding this transaction and our recent filing, and we completely understand their desire" to stop the clock"to fully review the merits of our merger.

Legere and Sprint Executive Chairman Marcelo Claure will testify at another U.S. House hearing on March 12.Channel NewsAsia - Sentifi topic widget

South Africa South Africa Latest News, South Africa South Africa Headlines

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

US House to hold hearing on Sprint, T-mobile proposed mergerU.S. House lawmakers plan to hold a March 12 hearing to review a proposed US$26 billion merger of T-Mobile US Inc and Sprint Corp with the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Russian mobile telecom company to pay US$850 million for alleged briberyWASHINGTON: Russia's largest mobile telecommunications company and its Uzbek subsidiary agreed to pay US$850 million to resolve U.S. charges of a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »