Wednesday, May 29, 2013

Reuters: Regulatory News: Sen. Schumer says examining conditions on Sprint-Softbank deal

Reuters: Regulatory News
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Sen. Schumer says examining conditions on Sprint-Softbank deal
May 29th 2013, 21:33

Wed May 29, 2013 5:33pm EDT

May 29 (Reuters) - Democratic U.S. Senator Charles Schumer said on Wednesday he was "carefully examining" conditions that were placed on a deal between SoftBank Corp and Sprint in order to win approval from U.S. national security officials.

Last week Schumer wrote to regulators expressing concerns that a Sprint-SoftBank combination might create vulnerabilities in sensitive telecommunications networks.

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