29
Jan
nexusae0_sprint-store11

According to Bloomberg, the US Department of Justice has just announced that it will submit a deferment request for the Sprint / Softbank merger to the FCC. Telecom acquisitions in the United States require approval from both the DoJ and the FCC, with the former agency focusing largely on potential anti-trust issues. Softbank officially announced the buyout in October.

It's not exactly a big surprise that the DoJ is looking at this deal cautiously.