The Federal Communications Commission announced today that it will pause the so-called shot clock on its 180-day review period for the Sprint and T-Mobile merger. The shot clock in question is an informal six-month deadline for approval from when the merger was first announced (again) in April of this year.
The FCC says it now “additional time is necessary to allow for thorough staff and third-party review of newly submitted and anticipated modeling.” The letter is penned by David Lawrence, the director of the T-Mobile / Sprint Transaction Task Force, and Donald Stockdale, the chief of Wireless Telecommunication Bureau.
The two companies, when…
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