U.S. tells T-Mobile, Sprint to wrap up divestiture deal: source


FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration taken April 30, 2018. REUTERS/Dado Ruvic/Illustration/File Photo GLOBAL BUSINESS WEEK AHEAD

WASHINGTON (Reuters) – The U.S. Justice Department has told T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) to wrap up a deal by the end of next week to sell assets that need to be divested or face a lawsuit aimed at stopping their proposed merger, a source familiar with the deal said on Thursday.

CNBC was the first to report the ultimatum.

Reporting by David Shepardson and Diane Bartz; Editing by Leslie Adler

Products You May Like

Articles You May Like

‘They’re all terrified’: Patients ‘panic’ as abortion clinic prepares to close
Book Riot’s Deals of the Day for June 24, 2022
Andie MacDowell on Learning to Love her Signature Curls
Get 2 MAC Cosmetics Extended Play Mascaras for the Price of 1
Blow to Biden’s climate agenda as US Supreme Court limits federal power to curb emissions

Leave a Reply

Your email address will not be published.