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Over 200 Farm, Food and Rural Groups Support Agribusiness Merger Moratorium Bills
2019-05-22 21:36:13| National Farmers Union
FOR IMMEDIATE RELEASEMay 22, 2019 Washington, D.C. Today, a broad-based coalition of 219 farm, food, rural, faith and consumer advocacy organizations delivered a letter to Congress endorsing food and agribusiness merger moratorium bills introduced by Senators Cory Booker (D-NJ) and Jon Tester (D-MT) and Representative Mark Pocan (D-WI). The Food and Agribusiness Merger Moratorium and Antitrust […]
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DoJ staff recommend T-Mobile/Sprint merger be blocked - report
2019-05-22 15:44:00| Telecompaper Headlines
(Telecompaper) The US Justice Department's antitrust division staff has recommended the agency oppose T-Mobile US's acquisition of smaller rival Sprint, two sources familiar with the matter told Reuters. The final decision on whether to allow the merger lies with political appointees at the department, headed by antitrust division chief Makan Delrahim. The Justice Department is expected to make a final decision in about a month, the two sources said.
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FCC to recommend merger of T-Mobile US and Sprint after 'significant' concessions
2019-05-20 15:24:00| Telecompaper Headlines
(Telecompaper) FCC chairman Ajit Pai said he will be recommending that the merger of T-Mobile US and Sprint go through, after the companies provided "significant" concessions. Pai believes the deal will speed up the deployment of 5G throughout the US, and bring faster mobile broadband to people living in rural areas. "Two of the FCC's top priorities are closing the digital divide in rural America and advancing US leadership in 5G (). The commitments made today by T-Mobile and Sprint would substantially advance each of these critical objectives," the chairman said.
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Sprint and T-Mobile merger takes a huge step towards completion, as FCC chairman backs the deal
2019-05-20 02:00:00| Total Telecom industry news
The chairman of the Federal Communications Commission (FCC), Ajit Pai, has backed the proposed $26 billion merger of T-Mobile and Sprint in the US. The FCC's five-member voting committee is yet to officially rule on the merger, but chairman Pai's endorsement bodes extremely well for America's third and fourth biggest telcos. “In light of the significant commitments made by T-Mobile and Sprint as well as the facts in the record to date…read more on TotalTele.com »
T-Mobile and Sprint plot last ditch asset sale to save $26bn merger
2019-05-17 02:00:00| Total Telecom industry news
US carriers T-Mobile and Sprint are considering selling off their respective prepaid business units in a last-ditch attempt to gain regulatory approval for their proposed $26.5 billion merger. T-Mobile and Sprint are currently the third and fourth largest telcos in the US, but their proposed merger would create a new entity capable of challenging the US’ big two players of AT&…read more on TotalTele.com »
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