T-Mobile recently indicated that its proposed merger with Sprint could close by as early as Q1 2019, although it noted that Q2 remained more likely. Below we take a look at some of the recent developments relating to the $26 billion deal, which was first announced in April.

Forbes' interactive dashboard on what’s driving T-Mobile’s valuation details our expectations for the company through the rest of the year and the factors driving our valuation estimate.

Updates On FCC And DOJ Process

The merger between the two companies needs to be approved by both the U.S. Department of Justice as well as the Federal Communications Commission. The FCC typically has an informal period for the review of mergers, which it refers to as a shot clock. While the T-Mobile and Sprint deal has a 180-day shot clock, it was paused in early September, as the companies submitted new economic and engineering models that the agency needed to closely review. The clock will now resume on Dec. 4, counting from day 55. Separately, the companies have noted that the deposition with the Department of Justice, which is the last remaining step of the merger had already started and is expected to be completed within a few weeks.