$26.5B Sprint/T-Mobile Merger Wins Final Regulatory Approval
In a 3-2 decision divided on party lines, the Federal Communications Commission has formally approved the merger between Sprint Corp. and T-Mobile US Inc.
Although the FCC has telegraphed its approval of the Sprint and T-Mobile merger, that doesn't mean there isn't dissent within the agency.
FCC Commissioner Geoffrey Starks was one of two Democrats to cast a dissenting vote Wednesday, according to Law360.
Earlier Wednesday, Democratic Commissioner Jessica Rosenworcel formally voted to block the union and warned of price surges and job loss if Sprint and T-Mobile combinein an op-ed in The Atlantic.
Read the rest of the story in the Kansas City Business Journal.