FCC pauses review of T-Mobile's Sprint deal

The Federal Communications Commission paused the clock on its review of the T-Mobile-Sprint merger to give it more time to examine the transaction

T-Mobile Sprint merger review delayed by FCC

This new economic modeling will also require additional time for review.

The clock will remain paused until T-Mobile and Sprint are finished submitting documents and information about the merger, and until the commissioners feel they have had enough time to review the record.

The companies had unsuccessfully tried to merge in 2014 and 2017, with regulators stopping the first attempt and disagreement over how much control the companies would have nixing the deal on the second attempt.

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The newly-provided network engineering model is significantly larger and more complex than the engineering submissions already in the record. The Commission did not receive Build 9, and third parties did not have access to it, until September 5.

"Considering the complexity and potential importance of these newly-provided and expected models, it is appropriate to stop the informal 180-day clock to allow time for their review", officials said in a letter to the two companies.

T-Mobile is one of the biggest earners for its parent Deutsche Telekom of Germany. But what is clear is that the FCC review process is going to take even longer, drawing out the merger approval process well into the latter half of the year and into 2019.

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"We appreciate that the FCC is taking the time necessary to fully understand the merits of the T-Mobile and Sprint merger", Sprint and T-Mobile said in a joint statement.

The Federal Communications Commission issued a letter on Tuesday stating that it needs more time to review the proposed merger between the two telecommunication companies. "We are confident that this transaction is pro-competitive, good for the country and good for American consumers, and we look forward to continuing to work with the FCC as they evaluate our plans".

Second, the FCC requires more time to review "Build 9", a business model described by T-Mobile execs Mike Sievert and Peter Ewens in a meeting on August 29th.

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