Tag Archives: Department of Justice

Group of economists come out against DOJ’s T-Mobile-Sprint merger agreement

When the Department of Justice announced its approval of T-Mobile and Sprint’s merger earlier this year, it actually filed a complaint to block the deal and at the same time filed a settlement with the agreements it made with T-Mobile and Dish for the merger approval. That settlement must be approved by a federal court which must determine if it’s in the public interest, and a group of economists are submitting a filing in which they … [read full article]

DOJ reportedly leaning against approving T-Mobile and Sprint’s merger

After getting some good news regarding its merger with Sprint from the FCC this morning, there’s now some not-so-great news for T-Mobile. The Department of Justice is leaning against approving the T-Mobile-Sprint merger, according to a report from Bloomberg. It’s said that DOJ has antitrust concerns about the deal and T-Mo and Sprint haven’t done enough to resolve those concerns so far. This news comes hours after FCC Chairman Ajit Pai publicly pledged his … [read full article]

DOJ reportedly unlikely to approve T-Mobile-Sprint merger as it’s structured

The Department of Justice hasn’t made any official announcements regarding its antitrust review of the T-Mobile-Sprint merger, but a new report claims that things aren’t looking great for the deal. DOJ staff have reportedly told T-Mobile and Sprint that their merger is unlikely to be approved as it currently stands. Sources speaking to the Wall Street Journal claim that the DOJ’s staffers question T-Mo and Sprint’s arguments that their merger will produce important efficiencies. Today’s … [read full article]

Several Democratic senators urge FCC and DoJ to reject T-Mobile-Sprint merger

The opposition to the T-Mobile-Sprint merger grew today as several U.S. Senators sent letters to the FCC and Department of Justice to oppose the deal. A group of U.S. Senators led by Richard Blumenthal (D-CT) today announced that they’ve signed letters to both the FCC and DoJ to explain their opposition to the proposed merger of T-Mobile and Sprint. The group includes Amy Klobuchar (D-MN), Tom Udall (D-NM), Sherrod Brown (D-OH), Kirsten Gillibrand (D-NY), Elizabeth … [read full article]

T-Mobile and Sprint confirm that merger has received U.S. national security approval

Following a report that the proposed merger of T-Mobile and Sprint had been approved by a U.S. security committee, the two carriers have confirmed the news. T-Mobile and Sprint announced tonight that their merger has been approved by the Committee on Foreign Investment in the United States (CFIUS). The deal has also been okayed by Team Telecom, which consists of the U.S. Department of Justice, Department of Homeland Security, and Department of Defense and reviewed … [read full article]

U.S. Justice Department said to be talking with MVNOs about T-Mobile-Sprint merger

The U.S. Department of Justice is speaking to smaller wireless operators in the U.S. about the merger of T-Mobile and Sprint. According to a report from Reuters, the Justice Department is talking with multiple MVNOs that buy access to major carriers’ networks and asking them their opinions on the T-Mobile-Sprint merger. David Glickman, CEO at Ultra Mobile and Mint Mobile, confirmed that the DoJ asked to talk to him about the merger but wasn’t given … [read full article]

DoJ antitrust official talks T-Mobile-Sprint merger, says there’s no ‘magical number’ of carriers

Now that T-Mobile and Sprint have agreed to merge, regulators will examine the deal and determine whether or not it should be allowed to go through. We’ll have to wait for an actual decision on that matter, but one government official did weigh in on the matter. Makan Delrahim, Assistant Attorney General of the Department of Justice’s Antitrust division, has said that the reduction of major U.S. carriers from four to three doesn’t necessarily guarantee … [read full article]

Verizon’s CableCo Spectrum Close To Federal Approval, T-Mobile Getting Spectrum

Verizon Wireless has received the stamp of approval from the Department of Justice, with FCC Chairman Julius Genachowski saying he supports Verizon’s to go ahead with their $3.6 billion dollar spectrum buy tom Comcast, Time Warner Cable, and Bright House Communications. While the FCC has yet to vote on the deal, it sounds like just a formality at this point. Genachowski has said he was satisfied by Verizon’s willingness to divest some … [read full article]

AT&T Efforts To Sell T-Mobile Assets Coming Up Short

According to a new Wall Street Journal report, AT&T’s efforts to find a prospective buyer for T-Mobile assets have “gone cold.” Citing sources familiar with the matter, the Journal indicates that a potential divestiture to Leap Wireless has gone cold as the parties concerned no longer believe such a deal would help persuade the government into allowing the deal to continue. The WSJ reports this may in fact be the strongest indicator … [read full article]

(Update: Granted) AT&T, Deutsche Telekom File Motion With Court, Ask For More Time To “Evaluate Options”

Update: Judge Huvelle has granted the stay reports Harold Feld from Public Knowledge. AT&T has just released the following statement with regards to its planned merger with T-Mobile: AT&T and Deutsche Telekom advised Judge Huvelle this morning that they wish to stay any further Court proceedings until January 18, 2012, to allow the two companies time to evaluate all options. The U.S. Department of Justice joined in the filing. AT&T is … [read full article]