sprintsoftbank merger wins us national security approval
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Sprint-Softbank merger wins US national security approval

Arab Today, arab today

Arab Today, arab today Sprint-Softbank merger wins US national security approval

New York - AFP

US telecommunications firm Sprint and SoftBank announced Wednesday that US national security officials have given the green light to the Japanese telecom's proposed takeover. The US Committee on Foreign Investment in the US completed the investigation with "no unresolved national security issues relating to the transaction," the companies said in a statement. The deal still awaits Sprint shareholder approval and clearance from the US Federal Communications Commission.

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