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T-Mobile-Sprint Merger Is Finally Approved: 5 Things To Know

Sprint and T-Mobile have the regulatory permission they need to close their $26.5 billion mega-merger. Here are five things to know about the biggest telecom merger we've seen so far in 2019.

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The Justice Department's Concerns  

After nearly a year of back and forth and a lengthy negotiation process, the Justice Department finally gave Sprint and T-Mobile the green light to come together last week.

The Justice Department initially wasn’t keen on the mega-merger because it had concerns that by combining two of the largest carriers, competition would decrease and that could mean price hikes for consumers. The Justice Department had been holding out on approving the deal unless a fourth carrier could be created to remedy its antitrust concerns. Reports in July of Sprint and T-Mobile selling off wireless assets were thought to potentially have been put in play to help the merger gain approval from the Justice Department.

 
 
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