FCC: Sprint buyout likely on track for late May

[marioc21]

Here's the article from CNET:

FCC: Sprint buyout likely on track for late May

 

Sprint's buyout by Japanese carrier Softbank should be right on track for a late May conclusion, hinted FCC Chairman Julius Genachowski today.

Specifically, the FCC head said that his organization's review is on schedule with the typical 180-day review period, after which the FCC hands down a yay or nay decision. In this case, the 180 day count ends on May 29.

 

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Read more: http://www.cnet.com/.../#ixzz2O7AQeRgg

[ericdabbs]

Good to hear that this merger process isn't being held up due to Dish trying to counterbid for Clearwire. Hopefully there aren't any snags given that the FCC recently approved the Tmobile/MetroPCS deal which is good for competition.