FCC set to approve Softbank's Sprint and Clearwire deals, says Bloomberg

It looks as if nine months of hard politicking is coming to an end, now that the FCC has reportedly rubber-stamped the deal to tie up Softbank with Sprint and Clearwire. Bloomberg's cabal of insiders have said that two out of three commissioners have voted to support the transactions, meaning that Dan Hesse and Masayoshi Son should soon start cracking open the Champagne and cigars. Now that the pair have charmed the shareholders, convinced the Justice Department and bloodied Joseph Clayton's nose, all that's left to do is tell John J Legere that his services are no longer needed.

Filed under: Wireless, Mobile, Sprint

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Source: Bloomberg