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T-Mobile and Sprint Ask For Merger Approval

According to paperwork filed Monday, T-Mobile and Sprint have officially asked the FCC to approve their proposed merger. Axios experiences: In their filing, the firms mentioned that the deal would “generate substantial public interest benefits for the customers of T-Mobile and Sprint and for U.S. wireless customers as a whole, and do not give rise to any competitive harms.” “The merger unlocks the door to new broadband choices and capabilities for consumers across the country while accelerating the arrival of transformative 5G services that will produce innovation, jobs, and economic growth for our country,” the firms mentioned. Basically, the 2 firms must turn out to the FCC that the deal advantages shoppers, and keep away from antitrust issues recently being investigated by the Department of Justice.

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