T-Mobile and Sprint's $26 Billion Merger Approved by U.S. District Court

The decision still faces a possible hurdle

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A federal judge approved the merger of T-Mobile and Sprint this morning in a U.S. district court in New York, moving the mobile carriers one critical step closer to sealing the deal.

Following this stamp of approval on the $26 billion deal, the companies are still awaiting a vote from the California Public Utilities Commission, which could prove to be the merger’s last hurdle.

While T-Mobile and Sprint struck the deal nearly two years ago, talks between the two companies had been on and off for years prior.

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