Verizon's acquisition of TracFone gets additional review time [telecom]

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The FCC is taking additional time to consider Verizon's proposed acquisition of TracFone Wireless, denying Verizon's request for an expedited review of the deal.

"The Commission has not yet issued an order acting on this application for international section 214 authority because it raises issues of extraordinary complexity and thus an additional 90-day period for review is needed," the FCC said in its public notice last week.