29-04-2018 11:03 via baltimore.cbslocal.com

Sprint And T-Mobile Agree To Combine In $26.5 Billion Deal

NEW YORK (AP) — T-Mobile and Sprint reached a $26.5 billion merger agreement Sunday that would reduce the U.S. wireless industry to three major players — that is, if the Trump administration’s antitrust regulators let the deal go through.
The nation’s third- and fourth-largest wireless companies have been considering a combination for years, one that would bulk them up to a similar size as industry giants Verizon and AT&T. But a 2014 attempt fell apart amid resistance
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