Ajit Pai, chairman of the Federal Communications Commission, has endorsed a merger between Sprint and T-Mobile, saying he will recommend that the FCC approves the deal. According to reports these changes are apart of a deal to get approval for their merger according to CNBC.
Pai's announcement virtually guarantees that the FCC will approve the deal; FCC approval would be finalized after the Republican-controlled commission votes.
T-Mobile recently announced it was beginning to trial using its 4G LTE for home broadband while Sprint last week announced that its HTC 5G Hub, a hotspot that aims to replace a traditional modem and router, will be available in its first 5G markets on May 31. "The supposed three-year price freeze is meaningless in a wireless market where prices are falling and likely would continue to drop in the absence of this merger", advocacy group Free Press said today.
In subsequent tweets, T-Mobile CEO Legere and Sprint chairman Marcelo Claure each disputed the report with Legere calling the premise "untrue".
T-Mobile and Sprint also "offered specific commitments regarding the rollout of an in-home broadband product, including to rural households", Pai said.
The companies also agreed to divest Sprint's Boost Mobile prepaid division within 120 days of the closing of the merger, a move created to address potential competitive issues in the prepaid wireless segment.
Eiffel Tower closed as climber attempts to scale iconic monument
According to media reports, when the individual was detected, he was already on the second floor of the tower, 149 metres high. In 2015, freerunner James Kingston, from Southampton, climbed the Eiffel Tower without safety ropes.
Westworld gets a season 3 trailer before Game of Thrones ends
Not much is known about Cudi's character other than he is in prison - or at least we think he is. At around a minute in, we get a glimpse of him in an orange jumpsuit, being visited by Paul.
Brexit: Matt Hancock urges MPs to vote for bill
On Wednesday, Mrs May announced that MPs would vote on the bill that would pave the way for Brexit in the week beginning 3 June. Mr Barwell also said that Scotland would also follow, and tensions could rise in Wales, according to the Financial Times.
The concessions appeared to help tilt Pai and another FCC commissioner toward favoring the deal.
The speed gains from deploying 5G on the low- and mid-band spectrum used for 4G will be minor in comparison.
Altice has a Mobile Virtual Network Operator agreement with Sprint that would allow it to start offering mobile phone service later this year.
T-Mobile and Sprint will have to deliver on the speed promise within six years, FCC officials told reporters. "We look forward to continuing to meet and work with a variety of important stakeholders to demonstrate the powerful benefits the New T-Mobile will bring - but today's filing is at the center of our plans to bring 5G to American consumers".
T-Mobile also promised that the new company would build a "world-leading 5G" network, the next generation of wireless service, to give rural Americans robust 5G broadband and enhance home broadband.
According to Pai's office, in the next few weeks he will distribute a draft order to the FCC's other commissioners that would clear the merger. "But now the FCC wants to bless the same kind of consolidation for wireless carriers".