Sprint merger is in danger of being rejected by DOJ

Earlier this month, staffers reportedly shared concerns about the deal and the carriers' arguments that merging would lead to key efficiencies for the company.

T-Mobile and Sprint began their merger push a year ago by claiming that neither company could build a robust 5G network while operating alone.

DOJ staffers "have told T-Mobile US and Sprint that their planned merger is unlikely to be approved as now structured", The Wall Street Journal reported today, citing people familiar with the matter.

The Wall Street Journal reported today that the U.S. Department of Justice is unlikely to approve the planned merger between T-Mobile and Sprint as it's now structured.

Today's report also says that some state antitrust officials have similar concerns about the T-Mobile-Sprint merger and that they plan to launch a legal challenge to the deal if the Department of Justice doesn't oppose it.

Spire Falls At Paris' Notre Dame As Cathedral Is Engulfed In Flames
Deputy mayor Emmanuel Gregoire said emergency services were trying to salvage the famed art pieces stored in the cathedral. Notre Dame is not a parish church, meaning that it does not have a regular body of worshippers who "belong" to the church.

According to people familiar with the matter, the DOJ's antitrust division is concerned that the merger would threaten competition in the market. Now, more than any time previously, it looks like the T-Mobile Sprint merger could actually happen. The Justice Department declined to comment.

The agreement to combine the carriers, struck in April 2018, was approved by both companies' shareholders in October and has received national security clearance, but still needs approval from the Justice Department and FCC. A number of state attorneys general are also reviewing the deal. For example, T-Mobile claims that its 5G home internet service is only possible if it merges with Sprint. When companies as big as T-Mobile ...

It's said that T-Mobile could still turn things around by offering assets sales to alleviate the DOJ's concerns, but it's now unclear what the next steps are.

The final decision is still several weeks away as per the report.

Related news:

Hot News

isis-killer-beheading-video-story-top Inside Prince George's Playdate with Princess Charlotte and Mia Tindall
Apr 17, 2019 - 11:20
Princess Charlotte must have felt like she was king of the world, with a birds-eye view from her mother's shoulders. Kate Middleton has reportedly become more confident and relaxed ever since Meghan Markle joined the royal family.

isis-killer-beheading-video-story-top Pelosi asks for extra security for Ilhan Omar after Trump tweet
Apr 17, 2019 - 02:28
The clip, which has been viewed more than nine million times as of Sunday, ends with the words: "SEPTEMBER 11 2001 WE REMEMBER". White House press secretary Sarah Sanders questioned why Democrats weren't following Trump's example and calling out Omar, too.

isis-killer-beheading-video-story-top Alexandria Ocasio-Cortez Is Quitting Facebook
Apr 17, 2019 - 02:01
Both characters mentioned by Ocasio-Cortez are part of a dynastic lineage that was overthrown in the years prior to the events of the show.

isis-killer-beheading-video-story-top Red Sox fans had cruel chant for Chris Davis
Apr 16, 2019 - 02:20
The hitless streak is finally over! He's now gone 54 straight at-bats without a hit if you date back to last season. If nothing else, he gives casual fans a reason to care about the Orioles , and that's not an easy task.

isis-killer-beheading-video-story-top Warriors vs. Clippers: Kevin Durant Warns Against Complacency, Identifies Key Players
Apr 16, 2019 - 01:29
San Antonio and Denver is a matchup between two teams that enter the playoffs with a number of categories that point to the under. Without Oladipo the squad depends on the depth and balance of Myles Turner, Thaddeus Young and Domantas Sabonis.

isis-killer-beheading-video-story-top Leafs' Kadri could face suspension for high hit
Apr 16, 2019 - 01:12
Kadri was suspended three games. "I don't think he tried to hit him in the head or anything", the defenceman said. The Bruins have gone 20-21 on the road and they have averaged 2.85 gpg and have allowed 2.73 gpg in those games.

isis-killer-beheading-video-story-top Plastic Surgery For Khloe Kardashian? The Truth About Her Transformed Appearance
Apr 15, 2019 - 01:50
News in March. "She wouldn't take that away from him but isn't sure how her family will react towards his presence in the room".

isis-killer-beheading-video-story-top U.S. CDC says ground beef possible source of E.coli outbreak
Apr 15, 2019 - 01:47
At this time, CDC is not recommending that consumers avoid eating ground beef or retailers stop serving or selling ground beef. In some cases, some individuals infected wtih E.coli can develop hemolytic uremic syndrome, which can be life-threatening.

isis-killer-beheading-video-story-top Colorado, Wyoming dig out from spring snowstorm
Apr 15, 2019 - 01:33
Whiteout conditions were reported Wednesday night northeast of Denver to the Nebraska state line, Colorado Public Radio reported. Just this week, Denver was basking in springlike conditions with 78 degrees Tuesday, a near-record high for that date.

isis-killer-beheading-video-story-top Nvidia Brings Ray Tracing to GTX Cards: Here's How to Enable It
Apr 15, 2019 - 01:08
However, do note that you won't be getting impressive performance with ray tracing turned on. All of this might make ray tracing on GTX graphics cards seem pointless, and largely it is.

isis-killer-beheading-video-story-top At least four killed in powerful thunderstorms, tornadoes in South
Apr 15, 2019 - 00:50
A spokeswoman for the Monroe County Sheriff's Office said authorities were in Hamilton and could not be reached for confirmation. National Weather Service meteorologist John Moore said a possible twister touched down Saturday in the Vicksburg, Miss., area.

isis-killer-beheading-video-story-top Game Of Thrones Spoilers: Who Will Die In Final Season?
Apr 15, 2019 - 00:30
For Game of Thrones lovers that aren't resident in the US , you can atch previous seasons of the series on Showmax. Game of Thrones (9 p.m., HBO) - It's the first episode of the 8th and final season of this cultural phenomenon.

isis-killer-beheading-video-story-top Tesla, Panasonic Reportedly Halt Nevada Gigafactory Expansion
Apr 14, 2019 - 02:16
The land of Tesla Gigafactory at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. Moreover, the article states that Panasonic intends to freeze its investments in Gigafactory 3 in Shanghai as well.

isis-killer-beheading-video-story-top Woman may have crashed vehicle after seeing spider while driving
Apr 14, 2019 - 01:22
The post drew laughs and sympathetic comments from Facebook users who also shared their fear of spiders. I wonder if they've seen a Crash By Spider. "For safety measures should probably burn the auto too.

isis-killer-beheading-video-story-top Embiid in starting lineup for 76ers in Game 1 against Nets
Apr 14, 2019 - 00:26
Embiid sat out Wednesday's regular-season finale against Chicago, his fifth absence in seven games to close out the season. The Sixers finished the regular season with a 51-31 record and are in position to compete for a championship.