T-Mobile Takeover of Sprint Clears US National Security Panel
Apparently, T-Mobile won approval from US national-security officials for its planned takeover of Sprint, bringing the two rivals a step closer to closing their roughly $26 billion combination. The Committee on Foreign Investment in the US, or Cfius, told the companies that it had cleared the union of the No 3 and No 4 carriers by subscribers after several months of negotiations with company representatives.