T-Mobile agrees to acquire SoftBank-backed Sprint for $26b

T-Mobile agrees to acquire SoftBank-backed Sprint for $26b

A woman walks past a Sprint store in New York City, U.S., April 27, 2018. REUTERS/Brendan McDermid

T-Mobile US Inc agreed on Sunday to acquire peer Sprint Corp, in a $26 billion all-stock deal that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny over its impact on consumers.

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