The Federal Trade Commission has given its thumbs-up to Sprint’s acquisition of Virgin Mobile USA.
The deal still requires FCC approval, but there’s little reason at this point to think Sprint won’t get it.
The Virgin Mobile acquisition means a big expansion in the prepaid space for Sprint, which already owns 13 percent of the company it’s acquiring for nearly $500 million.
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May 18 2018 @ 20:40:07 UTC