Click to Skip Ad
Closing in...
  1. Amazon Deals
    09:51 Deals

    Today’s best deals: Alexa in your car for $19.99, surprise Fire TV Stick 4K sale, $6…

  2. Best Smartphone Accessories Under 20
    08:06 Deals

    5 must-have smartphone accessories that cost under $20 each at Amazon

  3. MacBook Pro 2021 Price
    16:34 Deals

    Amazon slashed $200 off Apple’s M1 MacBook Pro, or get a MacBook Air for $899

  4. Instant Pot Accessories Amazon
    08:41 Deals

    This $27 Instant Pot accessory kit on Amazon will take your Instant Pot to the next level

  5. Amazon Deals
    07:56 Deals

    10 deals you don’t want to miss on Sunday: $30 off Amazon Echo Buds, $230 convertibl…




Sprint-SoftBank merger reportedly on track for quick FCC approval

July 3rd, 2013 at 7:30 PM
Sprint SoftBank Merger FCC Approval

Long-struggling wireless carrier Sprint is about to get a much-needed dose of good news. Unnamed sources tell Bloomberg that a majority of commissioners at the Federal Communications Commission support SoftBank’s $21.6 billion acquisition of Sprint, thus paving the way for Sprint to have the investment resources it needs to compete with rivals Verizon and AT&T. Bloomberg’s sources also say that the FCC’s approval will cover Sprint’s full acquisition of similarly troubled wireless wholesaler Clearwire, which will give Sprint a large bounty of spectrum that it can use to expand its LTE network throughout the United States. Sprint shareholders approved the SoftBank merger last week so the FCC’s final approval is the last big hurdle that the companies need to formally finish their merger, which SoftBank CEO Masayoshi Son has projected will be completed this month.




Popular News