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) – the Federal Communications Commission, Chairman Ajit Pai on Wednesday to circulate a proposal that would grant an approval to a $26 billion tie-up with T-Mobile Us Inc. and Sprint Corporation.
The purchase order must be approved by two of the other four FCC commissioners. The united states Department of Justice approved the merger last month, but the deal still faces a court challenge from 16 state attorneys-general.
In May, The came out in favor of the deal after the companies offered concessions, including the sale of Sprint’s Boost Mobile is a prepaid cellular service, as well as the FCC Commissioner, Brendan Carr, is a Republican. The panel’s third Republican, and Mike O “Rielly said, and in May he was “inclined to support” the proposed merger.
On Wednesday, Democratic FCC Commissioner Jessica Rosenworcel said on Twitter that she was “not convinced that the removal of a competitor will lead to better outcomes for the public.”
The third-and fourth-biggest U.S. companies have agreed to divest Sprint prepaid companies, in satellite-tv company Dish Network Corp. (a) creation of a fourth AMERICAN mobile operator. Critics, including a number of state attorneys general, to say that the competition is not going to increase the price of the cell phone plans will continue to rise.
Report by David Shepardson; Editing by Nick Zieminski and Steve Orlofsky