The Justice Department has sent a second round of questions on the proposed merger of AT&T and T-Mobile to the two companies, sources told Bloomberg on Tuesday. In addition, so-called “civil investigative demands” have also been sent to the companies’ competitors, in an attempt to measure the mergers possible effects.
With these actions, the merger review now has no timetable for completion — which means AT&T and T-Mobile’s stated goal to get the review completed within a year could be in serious jeopardy. It also highlights the complexity of the situation, and how difficult it might be for the deal to win approval.