Wednesday,  December 11 , 2024

Linkedin Pinterest
News / Business / Business Briefs

FCC approves merger of T-Mobile, Sprint

By Wire services
Published: October 16, 2019, 7:49pm

The Federal Communications Commission approved the $26.5 billion combination of Sprint and T-Mobile on a 3-2 party-line vote.

The wireless merger still faces opposition from a coalition of state attorneys general, who argue the deal is bad for competition. The companies won’t merge while litigation persists.

The antitrust trial is scheduled to start in New York in December, an unusual situation given that the Trump administration’s Justice Department approved the deal.

The FCC chairman, Ajit Pai, a Republican, backed it months ago citing the companies’ promise to build out a next-generation 5G network to many rural areas, improving internet access.

Support local journalism

Your tax-deductible donation to The Columbian’s Community Funded Journalism program will contribute to better local reporting on key issues, including homelessness, housing, transportation and the environment. Reporters will focus on narrative, investigative and data-driven storytelling.

Local journalism needs your help. It’s an essential part of a healthy community and a healthy democracy.

Community Funded Journalism logo
Loading...