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T-Mobile, Sprint closer to clinching deal: 5 things to know

T-Mobile US Inc.’s deal for Sprint Corp. is finally close to becoming reality.

The Department of Justice is expected to approve the telecom deal in the coming days, according to reports, clearing a major hurdle for the carriers and setting the stage for a shake-up of the U.S. wireless industry. T-Mobile TMUS, -2.86% and Sprint S, -7.16% announced their intent to merge last spring, in a deal valued at $26 billion, though the combination requires clearance from regulators.

T-Mobile and Sprint have given numerous reasons for their pending marriage, arguing that it would make the U.S.

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