On April 29th, it will have been one year since T-Mobile and Sprint announced a $26.5 billion merger. For the transaction to close, both the FCC and the DOJ must sign off on it, but that now looks like a long shot. Citing people familiar with the situation, the Wall Street Journal says that members of the Justice Department's antitrust division have told both carriers that the deal, as presently structured, is unlikely to be approved.
The problem that the DOJ's antitrust unit has with the deal is that it could lessen competition in the wireless business by dropping ...
Tuesday, April 16, 2019 - 8:49pm