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Home / Business / The FCC formally approves the T-Mobile-Sprint merger

The FCC formally approves the T-Mobile-Sprint merger



FCC believes the deal will close the digital divide and promote 5G in the United States. T-Mobile and Sprint have committed to deploy 5G services to cover 97 percent of Americans over the course of three years. They also promised to give 90 percent of Americans access to mobile services at speeds of at least 1

00 Mbps in six years. FCC approval is subject to these promises, and the parties could be fined over $ 2 billion if they fail to meet these goals.

According to the commission, the merger will not hurt competition – although several state attorneys and a couple of FCC commissioners have argued otherwise. "While the parties promise that merging will speed up the availability of some form of & # 39; 5G & # 39; for some Americans, history teaches us that the most likely effect of this merger will be higher prices and fewer options for all Americans," Commissioner Geoffrey Starks said in a statement.

It is not surprising that the FCC formally approved the merger today. The agreement has already been approved by the Ministry of Justice. FCC Chairman Ajit Pai joined it this summer, and last month the commission voted. Normally, an agreement in this case will terminate. However, there is a chance that the lawsuit from state attorneys in general can still block or delay the merger.


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