FCC: Sprint buyout decision likely on track for late May
Sprint's buyout by Japanese carrier Softbank should be right on track for a late May conclusion, Julius Genachowski, chairman of the Federal Communications Commission, hinted today.
Specifically, the FCC head said that his organization's review is on schedule with the typical 180-day review period, after which the FCC hands down a yay or nay decision. In this case, the 180-day count ends on May 29.
Just because the process is going well, doesn't mean it's a done deal. Even with full FCC approval, the Justice Department, FBI, and Department of Homeland Security could still stall the … Read more