Telecom Companies Are Running Out of Time to Make Deals
A looming Federal Communications Commission deadline could spur telecom companies to hurry up deal talks before restrictions on their discussions tie their hands. The FCC said in a public notice that it would stop accepting applications on Sept. 18 for two planned wireless-airwave auctions in 2018. Rules bar applicants from talking with each other from that date until the second auction ends and its winners make their down payments.