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Sprint & T-Mobile Agree to $26.5 Billion Merger

HeadlineApr 30, 2018

In business news, Sprint and T-Mobile have agreed to a $26.5 billion merger. If cleared by federal antitrust regulators, the merger would leave only three major wireless carriers in the United States. The two companies tried to merge back in 2014 but abandoned the effort after regulators signaled they would likely reject the deal. Experts say the potential merger would likely increase cellphone costs for customers.

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