T-Mobile-Sprint FCC merger application becomes official

19 Jun 2018

The US Federal Communications Commission (FCC) has opened its public webpage (see link below) for its approval process on the proposed merger of T-Mobile US and Sprint. T-Mobile and Sprint have now filed official applications seeking FCC approval to transfer control to T-Mobile of the licences and authorisations held by Sprint and its wholly-owned/controlled subsidiaries. T-Mobile and Sprint entered into a definitive agreement on 29 April to merge in an all-stock transaction to create a company 41.7% owned by T-Mobile’s parent Deutsche Telekom (DT, which would have overall control) and 27.4% owned by Sprint parent SoftBank Group Corp, with the remaining 30.9% in free float.

http://www.fcc.gov/transaction/t-mobile-sprint