FCC releases order approving merger of Sprint, T-Mobile along party lines

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXMPEA6606G_M.jpg
© Reuters. FCC releases order approving merger of Sprint, T-Mobile along party lines© Reuters. FCC releases order approving merger of Sprint, T-Mobile along party lines

WASHINGTON (Reuters) – The Federal Communications Commission on Tuesday released its order approving T-Mobile US Inc’s (O:) proposed $26.5 billion tie-up with Sprint Corp (N:) in a vote split along party lines.

Chairman Ajit Pai and two Republican commissioners voted to approve the deal while two Democratic commissioners voted against it. The FCC commissioners voted earlier this month but the order was not made public until they could cut confidential information and give commissioners time to draft statements.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.