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Stock impact report

The Wall Street Journal: FCC pauses its review of T-Mobile, Sprint merger [MarketWatch]

T-Mobile US, Inc. (TMUS) 
Last t-mobile us, inc. earnings: 2/6 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.t-mobile.com
Company Research Source: MarketWatch
FCC pauses its review of T-Mobile, Sprint merger The Federal Communications Commission paused its informal 180-day clock for reviewing T-Mobile US. Inc.’s takeover of Sprint Corp., saying it needs more time to consider information the wireless carriers have provided. The agency, which started its formal review about 60 days ago, said it is taking more time to review a “significantly larger and more complex” engineering model that the companies had recently submitted and a business model that executives had referenced in a recent meeting with commission staff, according to a letter issued Tuesday by the FCC. FCC officials sometimes stretch their self-imposed timeline to review particularly complex or high-profile transactions. T-Mobile’s TMUS, +0.53% plan to buy Sprint S, +0.50% is both, featuring large foreign-ownership stakes, planned investments in new 5G network technology and a new definition of competition that executives have used to argue there are more than four competit Show less Read more
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