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Sprint - T-Mobile merger may be paused

2019-10-07 17:47 by
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T-Mobile US Inc.'s proposed merger with Sprint Corp. has received a third positive vote at the Federal Communications Commission, moving the deal toward agency approval in coming days. All three Republicans on the five-member agency have voted for the deal, setting in motion procedures that would require agency action by Oct. 9, or Oct. 16 if an extension is requested by a commissioner.

Meanwhile, a group of merger opponents have filed in a petition to the FCC asking the commission to delay the merger review process and asking for a new comment period. Among the opponents are the Communications Workers of America, NTCA – The Rural Broadband Association, the Rural Wireless Association (RWA) and others.

The petition is focused on a Sprint probe, relating to alleged Lifeline fraud. The carrier has been accused of collecting subsidies from the FCC even though many of the subscribers through the initiative were inactive and not using the service.

Should the FCC agree with the petitioners, the completion of the merger would be paused until the end of the investigation.

Read more -here-

 

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