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COMING UP:Share Opener Variant 3

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00:00:00
wires crossed in Washington over a mammoth telecom deal sources say anti trust staff at the justice department recommended the agency block T. mobile US is twenty six billion dollar acquisition of sprint merger that would create the U. S. is the third largest wireless carrier after Verizon and AT and T. they fear newly combined company would not cut prices and improve service as aggressively as swashbuckling T. mobile had done as an independent company but this development comes just two days after another agency the Federal Communications Commission reached an agreement in principle to bless the merger that's most unusual because the FCC almost always publicly agrees with the justice department on merger reviews T. mobile and sprint did not respond to requests for comment sources tell Reuters the final decision however rests with political appointees at the justice department and they're expected to make a final decision in about a month what kinda our him heads its anti trust division and investors may remember that he was the one who unsuccessfully sued to try to block eighteen tease acquisition of Time Warner jurors about sprint and T. mobile which surged two days ago on the FCC news dropped on Wednesday