Sprint and T-Mobile merger just got hit with a delay

FCC stops the clock on T-Mobile-Sprint deal says it needs more time to evaluate the transaction

FCC stops the clock on T-Mobile-Sprint deal says it needs more time to evaluate the transaction

Also Nasdaq.com published the news titled: "T-Mobile US, Inc.to Present at the Goldman Sachs 27th Annual Communacopia Conference in New York, NY" on September 07, 2018. An enlarged T-Mobile can quickly build a next-generation - so-called 5G - network giving more people access to speedy broadband, the companies told the FCC in June.

"This day we are pausing the Price's informal 180-day transaction shot clock in this persevering with".

T-Mobile's merger with Sprint has been cruising through the regulatory process with few hiccups thus far, but news from the FCC makes it sound like things are a little more complicated than they first appeared. This is largely because it needs more time to review a revised network engineering model from the two companies. "Although the applicants had previously provided a network engineering model as backup for certain network claims, you explained that since that time "the model has been extended, ' and that the newly-provided model 'completes" the prior work". "Beyond frequent time is valuable to enable for thorough group and zero.33-social gathering assessment of newly submitted and anticipated modeling relied on by the Candidates", acknowledged the letter, signed by David B. Lawrence, head of the T-Mobile/Lunge Transaction Project Force, and Donald Stockdale Chief of the FCC's Wireless Telecommunications Bureau.

Latest Nintendo Direct reveals a plethora of games coming to the Switch
A week later and Nintendo is ready again to host its Nintendo Direct event, now on Thursday, Sept. 13 at 3 p.m. Nintendo's answer to PlayStation Network and Xbox Live will cost $3.99 per month after the free trial.

The FCC said it paused the informal "shot clock" because of a large, complex submission on benefits that the proposed merger would create and a separate submission on network expansion.

T-Mobile recently disclosed that it intends to submit additional economic modeling in support of the Applications, beyond that strictly responsive to the various economic analyses in the Petitions to Deny. It also needs to review a new business model referred to as "Build 9". The FCC says that it didn't get Build 9 until September 5th. "The Commission will decide whether to extend the deadline for reply comments after receiving the remainder of the Applicants' modeling submissions".

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