FCC releases order approving merger of Sprint, T-Mobile along party lines

FILE PHOTO: A T-Mobile logo is seen on the storefront door of a store in Manhattan, New York, U.S., April 30, 2018. REUTERS/Shannon Stapleton - Copyright SHANNON STAPLETON(Reuters)

By Reuters

Published on 05/11/2019 - 20:04•Updated 26/04/2024 - 01:15

Comments

WASHINGTON (Reuters) - The Federal Communications Commission on Tuesday released its order approving T-Mobile US Inc's <TMUS.O> proposed $26.5 billion (£20.59 billion) tie-up with Sprint Corp <S.N> in a vote split along party lines.

Chairman Ajit Pai and two Republican commissioners voted to approve the deal while two Democratic commissioners voted against it. The FCC commissioners voted earlier this month but the order was not made public until they could cut confidential information and give commissioners time to draft statements.