Sprint and T-Mobile will have to wait longer than expected to receive word from the federal government on their proposed $26 billion merger.
The review of the deal between Overland Park, Kansas-based Sprint and T-Mobile has been paused because of the government shutdown, which has lasted more than 10 days already. The Federal Communications Commission said Wednesday it would suspend its “informal 180-day time clock” on mergers and other approval-requiring transactions.
The pause ends the day after the FCC receives funding following the shutdown’s end. Close to 1,200 FCC employees were placed on furlough Wednesday and sent home.
The telecommunications merger passed its first major hurdle in mid-December following approval from the Committee on Foreign Investment in the United States.
The FCC chairman and three commissioners will continue working because their positions are funded by sources other than congressional funding. Hundreds of other employees and contract workers will continue to work, as well.
Read more: Kansas City Star