WASHINGTON (Reuters) – Wi-fi firms Dash Corp and T-Cellular US Inc have knowledgeable the Federal Communications Fee that they’ll formally file an utility asking for approval to merge on Monday, in line with a doc seen by Reuters.
The doc, which was filed to the FCC on Thursday, additionally requests a protecting order that might protect delicate company info from public view.
The 2 firms, that are the third- and fourth-largest wi-fi carries, agreed to a $26 billion all-stock deal in April that they mentioned would create 1000’s of jobs and assist america beat China to creating the subsequent era cellular community.
Two areas of potential regulatory concern concentrate on the businesses’ giant market share for pay as you go and wholesale clients.
Neither Dash nor T-Cellular instantly responded to a request for remark.
Reporting by David Shepardson; Writing by Diane Bartz; Modifying by Dan Grebler