A PYMNTS Company

US: Three states join AG group probing Sprint and T-Mobile deal

By  |  June 9, 2019

The attorneys general of Arizona, Michigan, and Pennsylvania have joined a group of states probing T-Mobile’s plan to buy rival Sprint for US$26 billion, which is believed to be nearing the end of a regulatory review, reported Reuters.

The state attorneys general made the filings this week, telling the Federal Communications Commission (FCC) they planned to join a Justice Department probe and need access to documents.

The deal won FCC support last month. FCC Chairman Ajit Pai said on Thursday, June 6, he planned to circulate a proposed order asking his fellow commissioners to approve the deal in the coming weeks, but officials said it might not be finished until early July.

The final decision on whether to allow two of the four nationwide wireless carriers to merge will be made by the Department’s political appointees, headed by Antitrust Division chief Makan Delrahim.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.