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/ Report: T-Mobile Sprint merger could be approved as soon as Wednesday or Thursday
Report: T-Mobile Sprint merger could be approved as soon as Wednesday or Thursday
Two independent reports cite "people familiar with the matter" regarding the possibility of a T-Mobile/Sprint decision announcement. Both FoxBusiness and CNBC report about the possibility of an announcement of the merger as soon as Wednesday. As both carriers are in the final stages of approval with regulators, Dish Network has become involved in the merger. As part of the merger deal, the Department of Justice compromised with Dish Network to purchase assets and spectrum from T-Mobile to create a new and competitive number 4 carrier. The regulators' concern is that rates would rise when...
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