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Getting the go-ahead from the CA Public Utilities Commission, Sprint (NYSE:S) and SoftBank...

May 23, 2013 3:49 PM ETSprint Corporation (S) StockDISH, SFTBF, SBy: Stephen Alpher, SA News Editor1 Comment

Getting the go-ahead from the CA Public Utilities Commission, Sprint (NYSE:S) and SoftBank (OTCPK:SFTBF) announce they've received all necessary state regulatory approvals for their transaction (Softbank's purchase of a majority stake in Sprint). Next up is the FCC and a government panel which reviews foreign investments. DISH has yet to win these state approvals, maybe giving an edge to SoftBank which can promise a speedier and more certain closing.

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