California extends review of T-Mobile-Sprint merger to maybe July, maybe August
T-Mobile and Sprint lawyered themselves into a four week delay in California’s regulatory review of their merger deal. Yesterday, a California Public Utilities Commission administrative law judge (ALJ) granted a request from staff to force the companies to turn over additional information, and extended the deadline for opening briefs to 26 April 2019, and for rebuttals to 10 May 2019.
Under normal circumstances, it would usually take about a month after that for ALJ Karl Bemesderfer to draft a proposed decision and, absent extraordinary circumstances, state law requires another month for public review and comment before commissioners vote on it.… More