FCC Chair Backs Sprint/T-Mobile Merger, Clearing One Hurdle
May 21, 2019•5 min
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Episode description
T-Mobile's proposed $26.5 billion merger with Sprint just cleared its first legal hurdle. Federal Communications Commission Chair Ajit Pai says he will recommend the agency approve the deal. The agency will most likely follow his lead. But the deal still needs approval from the Department of Justice, where antitrust enforcement staffers have expressed concerns, Bloomberg reports.
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