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The US antitrust authorities on Friday approved a $ 26 billion merger between T-Mobile and Sprint in a third consortium and the fourth largest operator in the world.
The agreement aims to create a third-ranked operator in the United States to compete with industry leaders, "Verizon" and "AT & T".
The agreement provides that Sprint sells some of its prepaid activities to Dish Network to allow a new competitor, as well as withdraw some of its badets.
T-Mobile, owned by Deutsche Telekom, based in Germany. And Sprint, controlled by the Japanese company Softbank, said the merger would allow them to compete better with larger companies as the industry moved to the fifth generation of the Internet.
Source: AFP
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