* Expert says little risk to the deal
* DOJ, DHS to tell FCC when review is complete
WASHINGTON Jan 29 The Justice Department urged
the U.S. telecommunications regulator on Tuesday to "defer"
action on its investigation of Japan's Softbank Corp's
takeover of Sprint Nextel, according to an FCC filling.
Softbank and Sprint agreed last year that Softbank Corp
would pay $20 billion for control of Sprint Nextel Corp, giving
the Japanese firm entry into the U.S. market and Sprint, the No.
3 U.S. carrier, much-needed cash.
The Justice Department, along with the Department of
Homeland Security, put a letter on the Federal Communications
Commission's docket that they were looking at the deal.
"We therefore request that the commission defer action until
such time as the agencies notify the commission of the
completion of their review," the letter said.
The FCC had no comment on the letter.
The review was likely aimed at ensuring that Softbank would
continue to work with U.S. law enforcement to create wire taps
when there was a court order, said James Lewis, a cybersecurity
expert with the Center for Strategic and International Affairs.
The DHS concern is likely focused on ensuring the security
of critical infrastructure, he said.
He said there was minimal risk to the deal.