Justice Department: FCC can proceed with review of Sprint-SoftBank deal
The Department of Justice has given the Federal Communications Commission the go-ahead to issue a decision on Softbank's proposed buyout of Sprint.
In a letter to the FCC on Friday (PDF), the department said the Justice Department -- including the FBI -- along with the Department of Homeland Security had no problem with the deal proceeding.
"The agencies have reviewed the information provided by the applicants and analyzed the measures undertaken by the applicants to address potential national security, law enforcement, and public safety issues, including supply chain issues," the letter said. "Based on this review, … Read more