DOJ to approve T-Mobile/Sprint merger despite 13 states trying to block it

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The Justice Department plans to approve the T-Mobile/Sprint merger as part of a settlement involving the sale of spectrum licenses, wholesale access, and a prepaid wireless business to Dish Network, The Wall Street Journal reported today.

"The companies have spent weeks negotiating with antitrust enforcers and each other over the sale of assets to Dish to satisfy concerns that the more than $26 billion merger of the No. 3 and No. 4 wireless carriers by subscribers would hurt competition," the Journal wrote, citing people familiar with the matter.

As a result of those negotiations, the DOJ is "poised to approve" the merger and could announce a settlement with T-Mobile and Sprint "as soon as this week, but the timing remains uncertain," the Journal wrote.

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