The Federal Communications Commission has paused the 180-day clock on its review of the T-Mobile and Sprint merger to give it more time to examine the transaction. Additional time is necessary to allow for thorough staff and third-party review of newly-submitted and anticipated modeling relied on by the Applicants.
The 180-day clock, the FCC letter acknowledged, "will stay stopped until the Candidates dangle accomplished the file on which they intend to rely and an cheap time-frame has handed for.group and zero.33-social gathering assessment".
The merger is also under review by the US Department of Justice.
Lawrence says the new network engineering model is significantly larger and more complex than the previous submission.
Bellevue-based T-Mobile and Sprint say consumers will benefit from a faster network even as their deal reduces from four to three the number of national competitors in the USA wireless market.
Additionally, T-Mobile recently said it plans to submit additional economic modeling.
The carriers want to merge and form one larger company that can compete against Verizon and AT&T, which are both bigger than T-Mobile and Sprint.
What just happened? The merger between T-Mobile and Sprint will take a bit longer to get the green light from the FCC. On top of that, it said, it also requires some extra time to go over a business model named "Build 9", which will provide the financial basis for the projected new network buildout.
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. "We are confident that this transaction is pro-competitive, good for the country and good for American consumers", the company said.