FCC Chair Backs Sprint/T-Mobile Merger, Clearing One Hurdle
FCC Chair Backs Sprint/T-Mobile Merger, Clearing One Hurdle
Business, Spoken · SpokenLayer
May 21, 20194m 37s
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Show Notes
T-Mobile's proposed $26.5 billion merger with Sprint just cleared its first legal hurdle. Federal Communications Commission Chair Ajit Pai says he will recommend the agency approve the deal. The agency will most likely follow his lead. But the deal still needs approval from the Department of Justice, where antitrust enforcement staffers have expressed concerns, Bloomberg reports.
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