Latest in Gear

Image credit: ASSOCIATED PRESS

T-Mobile and Sprint push merger deadline to July 29th

Still waiting for Justice Department approval.
251 Shares
Share
Tweet
Share
Save

Sponsored Links

ASSOCIATED PRESS

T-Mobile and Sprint have pushed back the deadline to complete their $26 billion merger, reports Reuters. The companies will now have until July 29th to earn the approval of the US Justice Department and the Federal Communications Commission.

The delay reportedly comes after the US Justice Department's Antitrust Division chief said he hasn't decided whether to approve the transaction. That's not entirely surprising, as earlier this month, the Justice Department said it is unlikely to approve the merger without major changes. While the department hasn't revealed its specific concerns, Reuters says the Antitrust Division is reviewing the argument that the deal would lead to better, faster 5G.

The two wireless providers officially announced the deal last April, but it was clear from the beginning that it would face serious regulatory challenges and intense federal scrutiny. T-Mobile and Sprint hoped to have the deal approved before July (and aimed for April before that). It's unclear just how many delays the companies will put up with, but there's no talk yet of scrapping this merger as they've done with plans in the past.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
251 Shares
Share
Tweet
Share
Save

Popular on Engadget

Google pauses Chrome update for Android after reports of app data loss

Google pauses Chrome update for Android after reports of app data loss

View
Google Maps helps you find EV chargers that work with your car

Google Maps helps you find EV chargers that work with your car

View
RCS messaging is now available to all Android users in the US

RCS messaging is now available to all Android users in the US

View
PewDiePie is 'taking a break' from YouTube in 2020

PewDiePie is 'taking a break' from YouTube in 2020

View
Ferrari won't produce an EV until after 2025

Ferrari won't produce an EV until after 2025

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr