T-Mobile, Sprint get approval on merger transaction

T-Mobile US (NASDAQ: TMUS) and Sprint Corporation (NYSE: S) have announced that the companies have successfully received approval from the Committee on Foreign Investment in the United States (CFIUS) for their proposed merger transaction, the companies said.

Additionally, the US Department of Justice, Department of Homeland Security, and Department of Defense, collectively referred to as Team Telecom, submitted a filing with the FCC that it has reviewed the transaction pertaining to potential national security, law enforcement, and public safety issues. Team Telecom confirmed it has no objections to the merger and has withdrawn its request to defer action on the transaction.

The completion of the combination remains subject to regulatory approvals and certain other customary closing conditions, and is expected to occur during the first half of 2019. Additional information regarding T-Mobile´s merger with Sprint can be found at: www.NewTMobile.com.

T-Mobile US is redefining the way consumers and businesses buy wireless services through product and service innovation. For more information, visit http://www.t-mobile.com.