An FCC decision on Softbank’s purchase of Sprint Nextel should...
An FCC decision on Softbank’s purchase of Sprint Nextel should be made by late May, FCC Chairman Julius Genachowski said after the FCC meeting Wednesday. “The review of that transaction is proceeding on a schedule consistent with the 180-day shot…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
clock,” he said. Wednesday was day 110 of the commission’s self-imposed unofficial clock for reviewing transactions. Genachowski also defended his decision not to circulate for a commission vote an order approving T-Mobile’s buy of MetroPCS (CD March 13 p1). “As you know, we do a lot at the bureau level,” he said. “In the case of that transaction there were no petitions to deny, not a single one, there were no conditions that were advocated by any member of the commission and there were no issues of commission policy that were implicated by the decision.” The news of late has been good for wireless competition, Genachowski said: “We're seeing strengthening competitors in this space, a positive trajectory in competition in this space.”