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T-Mobile and Sprint Announce $26.5 Billion Merger; New Company Will Keep T-Mobile Name ·
T-Mobile USA and Sprint have agreed to a $26.5 billion all-stock merger, creating the second largest wireless company in the country with 70 million customers, rivaled only by larger Verizon Wireless with 111 million customers and potentially-third-place AT&T with 78 million. The merged company will keep the T-Mobile name and its maverick CEO, John Legere. …