DOJ Asks FCC to Pause T-Mobile, UScellular Transaction
Foreign ownership of T-Mobile could pose a security risk, DOJ said
Foreign ownership of T-Mobile could pose a security risk, DOJ said
WASHINGTON, Nov. 20, 2024 – The Justice Department has requested that a proposed transaction between T-Mobile and the nation’s fourth largest wireless carrier be paused pending assessment by law enforcement officials for possible foreign security risks.
The Justice Department asserted in a Tuesday filing with the Federal Communications Commission that the transaction should be paused while the agency assesses the proposed merger between T-Mobile and UScellular for foreign participation that could harm the telecom industry or pose national security risks.
T-Mobile proposed the acquisition on Sep. 13. The company is led by CEO Mike Sievert.
T-Mobile is majority owned by Deutsche Telekom, a German telecommunications company based in Bonn serving more than 22 million broadband subscribers in multiple countries.
The $4.4 billion deal would see T-Mobile, already the nation’s largest provider of 5G internet, acquire four million UScellular customers and about a third of its spectrum.
Donald Trump’s social media directive ordering all federal agencies to stop using Anthropic and its chatbot Claude was also blocked.
The agency sought comment on the issue as the E.U. is considering new satellite legislation the U.S. opposes
The layoffs are the latest in a series of cuts as the company restructures its technology operations and continues hiring in new areas.
The act went into effect a year ago, but participation rates are unclear.
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