Deals
FCC Pauses Review of T-Mobile’s Sprint Deal
- Newly submitted engineering and business models at issue
- Merger of T-Mobile and Sprint would remove a major carrier
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The U.S. Federal Communications Commission paused its review of T-Mobile US Inc.’s proposed $26.5 billion purchase of Sprint Corp., saying it needs more time to review network engineering and financial models submitted by the applicants.
A “substantially revised” network engineering study submitted Sept. 5 “is significantly larger and more complex than the engineering submissions already in the record,” the agency said in a letter to the companies that it distributed by email on Tuesday. Similarly, a business model titled “Build 9” that was also submitted Sept. 5 needs further review, the FCC said.