Federal regulators on Friday approved the $26 billion merger between T-Mobile and Sprint, setting the stage for a tectonic shift in the U.S. wireless industry at a moment when carriers are racing to deploy the next generation of ultra-fast mobile service.
The green-light from the government’s antitrust watchdogs at the Department of Justice marks a critical milestone in the long-running campaign by T-Mobile, the country’s third largest carrier, to combine with Sprint, the fourth, and form a new telecom giant that is expected to serve more than 100 million subscribers nationally – rivaling the even-larger footprints of AT&T and Verizon.
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