Cable firm Charter submitted plan to buy Sprint/T-Mobile assets: sources

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Charter Communications submitted a proposal to the Justice Department to buy telecom assets being sold under the T-Mobile US Inc and Sprint Corp ...

NEW YORK: Charter Communications submitted a proposal to the Justice Department to buy telecom assets being sold under the T-Mobile US Inc and Sprint Corp deal, but never heard back from the agency, three sources familiar with the matter said.

U.S. officials decided to accept a deal to sell assets including Sprint's Boost Mobile brand to satellite TV provider Dish Network to resolve antitrust concerns, ending extensive talks on a merger the Justice Department is expected to approve this week.The Justice Department's lack of response to Charter could raise concerns among critics of the US$26.

 

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