T-Mobile expects to get its merger with Sprint completed during the first half of 201[ads1]9. This week, apparently on the way with expectations, announced that the company has received approval from the Foreign Investment Committee in the United Kingdom States (CFIUS ) for its proposed transaction.
In addition, the US Department of Justice, the Ministry of Homeland Security, and the Department of Defense have filed a filing with the FCC that they "considered the transaction to potential national security, law enforcement and security issues."
The group confirmed that it has no objections to merger and has withdrawn its request to postpone action on the transaction.
T-Mobile stated in a press Release issued with approval details, "We are pleased to achieve both of these important milestones in the journey to build the new T-Mobile. We are one step closer to providing customers with a top-loading disturbances that will create jobs from day one and provide a real alternative to fixed broadband while providing the first broad and deep nationwide 5G network for the United States. "
There is obviously more work to do. According to T-Mobile, the agreement as a whole is still subject to further regulatory approvals and other "regular closing terms".
Currently, this agreement appears to be fine for T-Mobile.