The Federal Communications Commission (FCC) on Wednesday voted along party lines to approve the $26 billion merger between T-Mobile and Sprint, the final move needed for the deal to secure the U.S. government’s full blessing.
Two sources familiar confirmed to The Hill that the merger has been approved, with the three Republicans on the commission voting in favor and the two Democrats dissenting.
But the merger is still facing a significant obstacle as a group of 17 state attorneys general forge ahead in their lawsuit to block the deal. The multistate lawsuit, announced over the summer, claims that the combined telecom giant would ramp up prices for consumers and result in significant job losses.
More at The Hill.