A PYMNTS Company

US: DOJ ready to block Sprint/T-Mobile deal

 |  July 18, 2019

On Thursday, July 18, CNBC cited sources claiming that the Department of Justice (DOJ) is ready to sue to block the Sprint/T-Mobile merger if the companies do not settle next week, Reuters reported.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The companies have been in talks for weeks discussing selling Sprint’s Boost Mobile company to Dish Network, but have gotten held up in negotiations concerning who could buy the assets if they are again sold in the future.

    The companies have also told a court that they are willing to delay closing the deal until after a lawsuit brought by a group of US state attorneys general to block the merger.

    Reuters stated it was unable to get responses from either of the companies or from the DOJ.

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.