The proposed deal is complex and very high-profile, considering that it involves subsidiaries of two global corporations, Deutsche Telekom of Germany and Softbank of Japan, and also because of its direct impact on US households.
The FCC is pausing its informal 180-day "shot clock" for the merger as T-Mobile has submitted substantially revised information to the Commission. The companies had tried to merge twice in the past, but regulators and internal disagreements prevented it from happening.
T-Mobile is one of the biggest earners for its parent Deutsche Telekom of Germany.
"The clock will remain stopped until the applicants have completed the record on which they intend to rely and a reasonable period of time has passed for.staff and third-party review", the FCC letter stated. The FCC called it "significantly larger and more complex than the engineering submissions already in the record".
Lastly, T-Mobile recently said that it plans to submit additional economic modeling in support of the merger, and the FCC believes that it requires more time to review. The commission said it only received information pertaining to Build 9 on September 5. Accordingly, the Commission and third parties will require additional time to review it. The pair claim that the move will benefit the public by, among other things, increasing the rollout speed of their 5G networks.
Hurricane Florence starts its prolonged assault on the Carolinas
Many people in coastal communities have followed the mandatory evacuation orders, but some are vowing to stay put and ride it out. National Guard soldiers from the state, North Carolina and Virginia are mobilizing to prepare for hurricane recovery efforts.
T-Mobile has been looking to build a narrative that the merger will be good for USA wireless customers, as it creates a stronger rival to market leaders Verizon and AT&T, while also allowing the U.S.to better compete with other nations in deploying the next generation of 5G networks.
Lunge and T-Mobile launched in April they'd agreed to an all-stock merger price $26 billion, with T-Mobile CEO John Legere to bewitch management of the mixed company, to be known as "Fresh T-Mobile". "We are confident that this transaction is pro-competitive, good for the country and good for American consumers".
Apple Introduces $749 6.1-inch iPhone Xr
The new watch, with a price tag that starts at $399 in the U.S. and €499 ($580) in Germany, is a more comprehensive health device. Overall I found the new Apple Watch 4 a lot more attractive than its predecessors - though it's still a quite steep price point.
Apple launches the iPhone XS and iPhone XS Max
There's no home button on any of them - love it or hate it, Apple is putting the fingerprint reader permanently out to pasture . At the same time Apple also refreshed its Apple Watch range and tweaked its HomePod smart speaker, but nobody seems to care.
Hurricane Florence weakens, but still a strong flood threat
Duke Energy Corp expected between 25 percent and 75 percent of its 4 million customers would lose power in the Carolinas. More than 80,000 people were already without power as the storm approached, and more than 12,000 were in shelters.