Friday, July 26, 2019

Department of Justice Approves $26B Merger of T-Mobile and Sprint

Following more than a year of regulatory scrutiny, the U.S. Department of Justice today announced that it has approved the $26 billion merger of T-Mobile and Sprint, although with several conditions attached. T-Mobile and Sprint will join together as “New T-Mobile” to become a dominant third carrier in the United States alongside Verizon and AT&T. Together, the companies have committed to

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