Sprint shares climb on report that DOJ remains open to its merger with T-Mobile

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“I believe that this transaction is in the public interest and intend to recommend to my colleagues that the FCC approve it. This is a unique opportunity to speed up the deployment of 5G throughout the United States and bring much faster mobile broadband to rural Americans. We should seize this opportunity,” said Pai.

Pennsylvania Utility Commission approves Sprint/T-Mobile merger

Separately on Thursday, the Pennsylvania Utility Commission (PUC) announced its approval of the Sprint/T-Mobile merger application.

The PUC voted 3-2 in favor of the motion to approve the companies’ merger. The Commission concluded that the transaction provides “sufficient affirmative public benefits” including statewide deployment of 5G wireless network facilities and services and increased availability of broadband access in rural areas of Pennsylvania.