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

FCC Again Pauses T-Mobile and Sprint Merger PDF Print E-mail
Tuesday, 12 March 2019 11:01

The Federal Communications Commission paused its review of T-Mobile US’s proposed purchase of rival wireless provider Sprint, saying more time is needed to review new arguments for the deal presented by the companies.

The move from the agency created fresh turmoil for the $26.5 billion merger, which has been under review for more than eight months.

“All indications were this would be decided in the next few weeks” but now it appears “they haven’t made the case to the policy makers,” said Gigi Sohn, a former FCC aide and merger opponent. “They’re still grasping at new theories.”

The FCC, in an order posted online, said it wanted time to examine “significant additional information” filed last month and on Wednesday, when T-Mobile offered a 63-page filing updating plans for wireless in-home broadband service. The deal to combine the third- and fourth-largest U.S. wireless providers, which was filed with U.S. regulators in June, has drawn criticism from Democrats and policy groups who say it would reduce competition, threatening higher prices. The companies say that together they can create a stronger competitor to industry leaders AT&T and Verizon Communications.

The deal needs approval from the FCC and antitrust regulators at the Justice Department.

In its March 6 filing, T-Mobile said the merger would “unleash a disruptive and effective competitor upon an in-home broadband industry typified today by extreme and growing consumer dissatisfaction.”

In a statement T-Mobile said, “We believe it is 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 have these short, routine, clock stoppage cycles to fully review the merits of our merger with Sprint.”

“We continue to look forward to completing the regulatory approval process in the first half of this year,” the company said in the statement.