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April 2, 2020
NEW YORK (AP) Mobile carrier T-Mobile has completed the takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size.
The companies announced the deal, valued at $31.6 billion based on T-Mobile’s closing stock price Tuesday, two years ago. It has taken a long time to close because of pushback from state and federal regulators.
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