FCC Says It Needs More Time To Review T-Mobile, Sprint Merger (cnbc.com)

The FCC says it needs more time to review the proposed Sprint-T-Mobile deal, the agency said in a letter to the companies Tuesday. According to CNBC, "The agency has paused an 'informal' 180-day transaction clock 'to allow for thorough staff and third-party review' of recently submitted materials." From the report: Sprint and T-Mobile have gone down a rocky road to a merger, calling off and resuming talks. The companies announced that they would merge last April in a bid to cut costs and combine forces to develop a next-generation network called 5G, which would provide faster speeds, more capacity and lower response times. But the companies could encounter hurdles to gaining regulatory approval for the tie-up. A deal between T-Mobile and Sprint, who are the third largest and fourth largest wireless carriers in the United States by subscribers, previously faced opposition from antitrust regulators under President Barack Obama's administration.

Comments

I guess reese's pieces check bounced

[Revek]

Lets face it that dingle berry only approves if he get paid.

Re:What's the holdup?

[h33t l4x0r]

They're waiting for a bigger bribe.