FCC Officially Approves $26 Billion Sprint/T-Mobile Merger In Party Line Vote

Opponents say the move will remove competition and hurt customers.

a $26 billion merger between Sprint and T-Mobile on Tuesday in a vote divided along party lines, making a lawsuit led by state attorneys general the only obstacle standing in the way of the deal.

The 5G network required by the FCC would have to reach 85% of rural Americans within three years and 90% within six years.If the merged company doesn’t meet its commitments, it will have to pay up to $2 billion in fines to the U.S. government within six years. approval from the Department of Justice’s antitrust department in July with additional concessions.

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