Third- and fourth-place U.S. cellular carriers T-Mobile and Sprint have been struggling to get regulatory approval for their merger since it was announced last year, as multiple FCC review delays and scattered protests have kept the deal from happening. Today, FCC Chairman Ajit Pai said that the carriers have won his support after promising to deliver 5G coverage to 97% of the U.S. population within three years.
“In light of the significant commitments made by T-Mobile and Sprint as well as the facts in the record to date,” Pai said in a statement, “I believe that this transaction is in the public interest and intend to recommend to my colleagues that the FCC approve it.”
This story is breaking and will be updated shortly. Please refresh for details.
OhNoCrypto
via https://www.aiupnow.com
Jeremy Horwitz, Khareem Sudlow