FCC gives itself more time to review AT&T's proposed purchase of T-Mobile USA

The FCC is giving itself more time to review AT&T's (NYSE:T) proposed $39 billion acquisition of T-Mobile USA, saying AT&T plans to submit new economic assessments when it comes to the deal's public benefits. AT&T plans to submit that information on July 25. The FCC said it would restart its review process once it receives the information and third parties "have a meaningful opportunity to comment on the submission," according to a letter posted on the FCC's website. Article

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