CFIUS, Team Telecom Clear T-Mobile/Sprint
The Committee on Foreign Investment in the U.S. cleared T-Mobile’s buy of Sprint, as expected (see 1812170019), the buyer said Monday. Meanwhile, Team Telecom, made up of DOJ, the Department of Homeland Security and DOD, officially withdrew its request to…
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defer action on the deal, filing in FCC docket 18-197. “The Agencies have reviewed the information provided by the applicants and analyzed the measures undertaken by the applicants to address potential national security, law enforcement, and public safety issues,” the filing said. "We are a step closer to offering customers a supercharged disruptor that will create jobs from day one and deliver a real alternative to fixed broadband while delivering the first broad and deep nationwide 5G network for the United States,” said T-Mobile CEO John Legere.