Thursday, June 27, 2013

FCC poised to vote on SoftBank's acquisition of Sprint, Sprint's acquisition of Clearwire

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Acting FCC Chairwoman Mignon Clyburn has sent the epic SoftBank-Sprint-Clearwire deal — the largest to hit regulators since AT&T's proposed purchase of T-Mobile USA — over to her fellow commissioners today, setting up the agency for an approval vote.


Though her tenure will ultimately be brief (assuming nominee Tom Wheeler makes it through the Senate's confirmation process), pressing business across the wireless industry means that Clyburn is going to end up leading the way on some major decisions with long-term implications. The vote — which would give FCC approval to Sprint's purchase of the outstanding stake of Clearwire that it doesn't already own, and to SoftBank's acquisition of Sprint — was made possible as satellite...


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via The Verge - All Posts http://www.theverge.com/2013/6/27/4471872/fcc-poised-to-vote-on-softbank-sprint-clearwire

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