Last week, a report explained that while the FCC verbally approved T-Mobile’s proposed merger with Sprint, the Department of Justice is ready to block the deal. Now, Bloomberg reports that top Justice Department officials want T-Mobile and Sprint to “lay the groundwork” for a fourth carrier as part of the deal.
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Report: DOJ ready to block T-Mobile and Sprint merger despite FCC green light
On Monday, T-Mobile and Sprint scored a win in the efforts to make their merger a reality by getting the verbal approval of FCC chairman, Ajit Pai. However, getting DOJ approval was still uncertain. Today, Justice Department staff have recommended the deal be blocked.
Sprint Stories May 20
T-Mobile and Sprint have faced delays, setbacks, and uncertainty as the two US carriers have sought merger approval over the last year. Today the two companies have scored a big win in their merger efforts, receiving the approval of FCC chairman Ajit Pai, but DOJ approval is still uncertain.
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