T-Mobile, Sprint Get Merger Backing From FCC Chairman

Monday - 20/05/2019 12:57
FCC Chairman Ajit Pai said he would back the more than $26 billion combination of cellphone carriers T-Mobile US and Sprint after the companies agreed to a package of concessions.



Now T-Mobile has agreed to buy Sprint, the U.S. wireless industry is about to be dominated by three major players. But how did we go from the days of one giant landline monopoly to four competitive cell companies? Illustration: Shaumbe Wright/WSJ

WASHINGTON—Federal Communications Commission Chairman Ajit Pai said he would back the more than $26 billion combination of cellphone carriers T-Mobile US Inc. and Sprint Corp. after the companies agreed to a package of concessions.

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