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Sprint, T-Mobile tout clearing security review

Posted at 9:42 AM, Dec 18, 2018
and last updated 2018-12-18 10:42:48-05

KANSAS CITY, Mo. — The proposed merger of Overland Park-based Sprint and T-Mobile has cleared a national security review by federal agencies, the companies announced late Monday.

The companies said in a release that the Committee on Foreign Investment in the United States signed off on the proposed merger.

The merger, viewed in a national security, law enforcement and public safety lens, was approved by the Departments of Justice, Homeland Security and Defense.

“These approvals assure the strong partnership both companies have with the U.S. government will continue with the new T-Mobile. We look forward to continuing our discussions with the remaining regulatory agencies reviewing our transaction to share our story and subsequently achieve similar positive results,” T-Mobile CEO John Legere said in the release.

The merger still requires formal approval by federal regulators, a move the companies hope will happen by mid-2019.