Department of Justice Asks FCC to Hold Off on the Sprint-Softbank Decision Until it Can Review It
The U.S. Department of Justice is reviewing Softbank’s $20.1 billion takeover of Sprint for national security and policing concerns and has asked the FCC to hold off on any decision until the review is complete. Though this sounds scary and dire, Sprint and Softbank had expected this review to occur. It’s standard procedure with foreign investments of this type and scale
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