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T-Mobile and Sprint have agreed to merge in what will reportedly be a $26 billion deal. The companies’ two CEOs, T-Mobile’s John Legere and Sprint’s Marcelo Claure, announced the impending merger with a seven-minute explainer video pitching the potential 5G capabilities and job growth the combined companies could bring.
If the deal passes regulators, the company will be called T-Mobile and will have Legere at the helm. The new iteration of T-Mobile would narrow the telecom space even further and position the company against market leaders Verizon and AT&T.
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