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upstart writes in with a submission, via IRC, for chromas.

FCC formally approves the T-Mobile-Sprint merger

Today, the Federal Communications Commission (FCC) formally approved the T-Mobile-Sprint merger. The decision comes after a drawn-out, and at times contentious, review of T-Mobile's $26.5 billion bid to merge with Sprint.

The FCC believes the deal will close the digital divide and advance 5G in the US. T-Mobile and Sprint have committed to deploying 5G service to cover 97 percent of Americans within three years. They've also pledged to provide 90 percent of Americans with access to mobile service with speeds of at least 100 Mbps within six years. The FCC's approval is conditional on those promises, and the parties could be fined over $2 billion if they don't meet those goals.

Original Submission

1. "upstart" - https://soylentnews.org/~upstart/
2. "FCC formally approves the T-Mobile-Sprint merger" - https://www.engadget.com/2019/11/05/fcc-approves-t-mobile-sprint-merger/
3. "formally approved" - https://www.fcc.gov/document/fcc-approves-merger-t-mobile-and-sprint
4. "T-Mobile's $26.5 billion bid" - https://www.engadget.com/2018/04/29/t-mobile-and-sprint-merger/
5. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=37290

printed from SoylentNews, FCC Formally Approves the T-Mobile-Sprint Merger on 2024-04-23 19:32:13