The third- and fourth-largest wireless United States service providers submitted their Public Interest Statement to the FCC in June, but the commission has now said it is pausing the informal 180-day "transaction shot clock", which is currently at day 56, following recent submissions related to a revised network engineering model.
"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.
This is because the two companies recently submitted new materials to the FCC and it needs time to go through those materials before approving this deal.
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The 180-day clock, the FCC letter acknowledged, "will stay stopped until the Candidates dangle accomplished the file on which they intend to rely and an cheap time-frame has handed for.group and zero.33-social gathering assessment".
In a separate statement, reported on by Reuters, T-Mobile expressed its confidence that the merger, which is also being reviewed by the U.S. Justice Department, will receive the blessing of regulators.
A "substantially revised" network engineering study submitted September 5 "is significantly larger and more complex than the engineering submissions already in the record", the agency said in a letter to the companies that it distributed by email on Tuesday.
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T-Mobile and Sprint have "extended" a network engineering model that was originally submitted as a backup plan. Accordingly, the Commission and third parties will require additional time to review it. Moreover, the Applicants asserted that this is now the "engineering model on which they rely in support of this transaction". The new model is significantly larger and more complex than the old one, the FCC explains, and it incorporates new logic, methodologies, facts, and assumptions that are central to the merger's claimed network benefits. The FCC received both on September 5.
What just happened? The merger between T-Mobile and Sprint will take a bit longer to get the green light from the FCC. "The Price will bewitch whether to extend the time limit for reply comments after receiving the leisure of the Candidates' modeling submissions".
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