DOJ leans against approving T-Mobile's takeover of Sprint - Bloomberg
(Reuters) - The U.S. Department of Justice is leaning against approving T-Mobile US Inc's proposed takeover of Sprint Corp as the remedies proposed by the companies do not resolve antitrust concerns, Bloomberg reported on Monday, citing a person familiar with the review.
T-Mobile's $26 billion (20.43 billion pounds) acquisition of rival Sprint won the support of the head of the Federal Communications Commission, Reuters reported on Monday.
(Reporting by Sanjana Shivdas in Bengaluru; Editing by Anil D'Silva)