T-Mobile, Sprint say $26 billion deal would give U.S. tech lead over China

The agreement capped four years of on-and-off talks between the third and fourth largest U.S. wireless carriers, setting the stage for the creation of a company with 127 million customers that will be a more formidable competitor to the top two wireless players, Verizon Communications Inc and AT&T Inc. U.S. regulators, who have challenged in court AT&T’s $85 billion deal to buy U.S. media company Time Warner Inc, are expected to grill Sprint and T-Mobile on how they will price their combined wireless offerings. …read more

Source:: Yahoo Finance

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