News

FCC approves merger of T-Mobile, and Sprint, the vote was divided across party lines

FILE PHOTO: A smartphone with the Sprint logo is seen in front of a screen, the projection on the T-mobile logo, in this picture illustration April 30, 2018. REUTERS/dado Ruvic/Illustration

WASHINGTON (Reuters) – T-Mobile US, Inc. the proposed $26.5 billion tie-up with Sprint Corp. (nasdaq: msft) won the formal approval of the Federal Communications Commission on Wednesday, in a vote split along party lines, two of the sources told Reuters.

President, Ajit Pai, and the two Republican commissioners voted to approve the deal, while the two Democratic commissioners voting against it, the sources said.

The text of the approval order is not expected to be released until later in the month.

The deal to combine the third-and fourth-largest U.S. wireless carrier, which has been fighting for the approval of the government from April 2018, it will still be faced with a lawsuit filed by a group of state attorneys general, led by New York city.

Report by David Shepardson; writing by Diane Bartz; Editing by Lisa Shumaker

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular