As previously rumored, the FCC has officially approved Softbank's purchase of Sprint and, furthermore, Sprint's purchase of the rest of ClearWire. Acting FCC Chairwoman Mignon Clyburn and commissioner Ajit Pai both gave statements supporting the deal, though the third commissioner, Jessica Rosenworcel, did not issue a statement either way. In Clyburn's statement, she said that the deal would "serve the public interest" and that it would "accelerate the deployment of mobile broadband services and enhance competition." Both Clyburn and Pai touted the speedy approval process, exceeding a "self-imposed deadline by 35 days," Pai wrote.
The deal had seen multiple challenges from Dish, which has been trying to find a way into the wireless...
via The Verge - All Posts http://www.theverge.com/2013/7/5/4496636/softbank-buyout-of-sprint-sprint-buyout-of-clearwire-both-approved-by
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