FCC pauses shot-clock for Sprint-T-Mobile merger

12 Sep 2018

The Federal Communications Commission (FCC) has paused the informal 180-day transaction ‘shot-clock’ relating to its review of the proposed merger between T-Mobile US and Sprint. The watchdog notes that its decision has been informed by a series of newly submitted documents, including a ‘substantially revised network engineering model’ which ‘appears to incorporate new logic, methodologies, facts, and assumptions’.

As previously reported by TeleGeography’s CommsUpdate, T-Mobile and Sprint entered into a definitive agreement to merge in an all-stock transaction in April 2018. They seek to create a company which will be 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.

United States, Federal Communications Commission (FCC), Sprint Corporation (now part of T-Mobile US), T-Mobile US