News Formal

FCC approves merger of T-Mobile, Sprint on vote split on party lines

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

South Africa News News

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

The Federal Communications Commission voted to approve T-Mobile's merger with Sprint on a vote split along party lines.

WASHINGTON: T-Mobile US Inc's proposed US$26.5 billion tie-up with Sprint Corp won formal approval from the Federal Communications Commission on Wednesday in a vote split along party lines, two sources told Reuters.

Chairman Ajit Pai and two Republican commissioners voted to approve the deal while two Democratic commissioners voted against it, the sources said.The text of the approval order is not expected to be released until later in the month. The deal to combine the third and fourth largest U.S. wireless carriers, which has been fighting for government approval since April 2018, still faces a lawsuit brought by a group of state attorneys general, headed by New York.

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:

 /  🏆 6. in ZA
 

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

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.

Competition watchdog approves BreadTalk’s acquisition of Food JunctionSINGAPORE — Food and beverage firm BreadTalk Group has been given the green light by the competition watchdog to buy food court operator Food Junction Management, which will make it the third largest food court operator here.
Source: TODAYonline - 🏆 1. / 99 Read more »