Australia's anti-trust regulator blocked a A$15 billion ($11 billion) mergeU.S.
FCC Chairman Ajit Pai said he would recommend approval of the transaction.POLITICO
Sprint shares are up over 25% and T-Mobile up around 5% in the pre-market after the U.S. Federal Communications Commission chairman said he will recommend approval of T-Mobile US’s proposed takeover of Sprint, a key step for the deal’s completion. “In light of the significant commitments made by T-Mobile and Sprint as well as the facts in the record to date, I believe that this transaction is in the public interest and intend to recommend to my colleagues that the FCC approve it,” FCC...Zero Hedge
With the deal in danger, Sprint is making it very clear to investors just how dire its situation has become. The post Sprint Is Practically Begging Regulators to Approve T-Mobile Merger appeared first on ExtremeTech.ExtremeTech
And why Sprint's stock price just shot up 25%Fortune
Sprint's stock price shot up 25%.fortune.com
T-Mobile and Sprint are still determined to secure a merger, and they've just made a fresh round of promises to win regulators' hearts. The carriers have made new commitments to the FCC that would guarantee wider access to high-speed mobile internetwww.engadget.com