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SDxCentral 12/18/2018 17:58
T-Mobile US and Sprint have received approval from the Committee on Foreign Investment in the United States (CFIUS) for their proposed $26 billion merger.
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ITWire 12/18/2018 16:08
The go-ahead for the merger of the third and fourth biggest mobile networks in the US was expected after reports that both Deutsche Telekom, the majority owner of T-Mobile, and Sprint's majority owner, Japanese firm SoftBank, had agreed to exclude Chinese telecommunications giant Huawei as a supplier.
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pocketnow.com 12/18/2018 14:20
T-Mobile announced today that the Committee on Foreign Investment in the United States has cleared the company’s proposed merger with Sprint.
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Android Police 12/18/2018 13:32
Update. 1. : 2018/12/18 10:38am PST. T-Mobile and WSJ confirm. While Huawei's Chief Financial Officer faces extradition to the United States over claims that the company avoided U.S. sanctions on Iran, Huawei might be facing another blow. According to Reuters, a U.S. security council is expected to approve the merger of T-Mobile and Sprint , on one condition — the combined carrier can't use networking equipment from Huawei. Several countries around the world have now banned (or are trying to ban) Huawei's networking equipment, among fears that they could enable a backdoor for the Chinese government to conduct surveillance. Read More. [Update: T-Mobile confirms approval] U.S. security panel reportedly approves T-Mobile/Sprint merger, as long as t.
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GeekWire 12/18/2018 12:44
T-Mobile and Sprint got approval from U.S. national security organizations for their proposed merger as the deal continues to go through the regulatory wringer. T-Mobile announced the Committee on Foreign Investment in the United States as well as what it calls “Team Telecom” — the U.S. Department of Justice, Department of Homeland Security, and Department of Defense — all signed off on the deal. The security organizations had no objections to the deal in the areas of national security, law enforcement, and public safety. “We are pleased to achieve both of these important milestones in the journey to build the New T-Mobile.… Read More.
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FierceWireless 12/18/2018 11:42
As 2018 comes to a close, Sprint said it has much to show for the roughly $5 billion it spent upgrading its network throughout the course of this year.
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ConsumerAffairs.com 12/18/2018 11:37
T-Mobile has been granted approval for its proposed merger with Sprint following “several months of negotiation with company representatives,” the Wall Street Journal reports.
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RCR Wireless 12/18/2018 10:08
While Sprint and T-Mobile US are pursuing independent 5G builds, the two carriers have told regulators the combined company can deliver nationwide 5G in the 2020 timeframe on the back of Sprint’s 2.5 GHz spectrum and T-Mo’s nationwide 600 MHz holdings ...
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Phone Scoop 12/18/2018 08:12
Several government agencies have given T-Mobile and Sprint the approval they need to move forward with their merger plans. The Committee on Foreign Investment in the United States, the Department of Defense, the Department of Homeland Security, and the Department of Justice have all agreed to the deal, valued at $26.5 billion. In order to appease these agencies, T-Mobile and Sprint's parent organizations, Deutsche Telekom and SoftBank, respectively, have said they'll reconsider their use of equipment from Chinese supplier Huawei. Huawei has long been branded a security risk by U.S. lawmakers. The combined company will have about 100 million customers, putting it on more even ground with AT&T and Verizon Wireless. The deal still needs to win.
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