Sprint Chairman Masayoshi Son reportedly was scheduled to meet with the FCC on Monday to discuss a possible purchase of T-Mobile, although the DoJ already has signaled its opposition. Both U.S. government bodies would have to approve of a merger, but they would view it from different perspectives. Son is CEO of Japan’s Softbank, which purchased 78 percent of Sprint last July. Sprint’s purchase of T-Mobile could be seen as giving Softbank control of a large swath of U.S. wireless spectrum, which could be a major regulatory concern.
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Sprint Chairman Goes Knocking at FCC's Door
Posted by: Richard Adhikari February 3, 2014 12:46 PMSprint Chairman Masayoshi Son reportedly was scheduled to meet with the FCC on Monday to discuss a possible purchase of T-Mobile, although the DoJ already has signaled its opposition. Both U.S. government bodies would have to approve of a merger, but they would view it from different perspectives. Son is CEO of Japan’s Softbank, which purchased 78 percent of Sprint last July. Sprint’s purchase of T-Mobile could be seen as giving Softbank control of a large swath of U.S. wireless spectrum, which could be a major regulatory concern.