FCC Chairman Ajit Pai Recommends Approval of T-Mobile and Sprint Merger
Yesterday, Chairman of the Federal Communications Commission (FCC) Ajit Pai recommended the approval of the T-Mobile and Sprint merger, marking it ready for approval by the full commission. In a letter sent to his colleagues, Chairman Pai expressed his “hope that [his] colleagues will vote to approve it.” Chairman Pai said the merger “will bring fast 5G wireless service to many more Americans and help close the digital divide in rural areas.” The merger, Pai says, was “one of the most exhaustive merger reviews in Commission history” as it was hit with a “civil antitrust lawsuit” by the Department of Justice (DOJ) to block the proposed transaction. Recently, the FCC and DOJ reached a settlement to allow the deal to move forward; the settlement orders Sprint to divest “Boost Mobile, Virgin Mobile, and Sprint prepaid, to Dish Network Corp.” With the settlement reached, Assistant Attorney General Makan Delrahim of the Justice Department’s Antitrust Division congratulated the FCC, stating how the merger is “strengthening competition for high-quality 5G networks that will benefit American consumers nationwide.”
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