Joomla Templates and Joomla Extensions by JoomlaVision.Com

Telecom Review North America

Latest Issue

Telecom Review's Interview with Marc Halbfinger, CEO of PCCW Global

Telecom Review's Interview with Alessandro Talotta, Chairman and CEO of Telecom Italia Sparkle

Telecom Review Summit 2016

Jeff Seal, Managing Partner Telecom Review NA Interviews the CEO of Spirent Technologies

Jeff Seal Interviews Zayo President Mike Strople

Telecom Review's Jeff Seal Moderates Submarine Fiber Optic Gathering

Socialize with us

T-Mobile and Sprint Win US Security Approval for Merger PDF Print E-mail
Wednesday, 02 January 2019 08:24

T-Mobile US Inc and Sprint Corp have won backing for their $26 billion merger from two national security reviews, clearing key hurdles in their tie-up bid.

The deal got approval from the Committee on Foreign Investment (CFIUS) in the United States as well as the Justice Department, Department of Homeland Security, and Defense Department -collectively referred to as Team Telecom, the companies said.

The merger between T-Mobile and Sprint had been expected to get an all clear from CFIUS after the firms’ respective foreign owners, Deutsche Telekom AG and Japan’s SoftBank Group Ltd, had offered to stop using Huawei Technologies  equipment.