Mergers & Antitrust Law News

T-Mobile Purchase of Sprint Clears FCC Vote, Heads to Court

Oct. 16, 2019, 5:55 PMUpdated: Oct. 16, 2019, 6:29 PM

Regulators approved T-Mobile US Inc.’s proposed purchase of Sprint Corp., advancing a deal that still needs to prevail in a lawsuit from states that contend the combination of nationwide wireless carriers will harm consumers, people familiar with the matter said.

The Federal Communications Commission on a 3-2 Republican-led vote gave final U.S. regulatory approval to the $26.5 billion deal proposed last year, said two people who spoke on condition of anonymity because the matter hasn’t been published.

Tina Pelkey, an FCC spokeswoman, didn’t immediately respond to a telephone call and email.

The wireless combination won Justice Department approval in July...

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