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Will prices go up? What it means for consumers



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Sprint and T-Mobile have moved yet another step closer to a merger, and it could lead to consumers paying more for wireless plans.

A federal judge in New York on Tuesday approved the $26.5-billion merger of the third- and fourth-largest wireless carriers, creating a much larger rival to AT&T and Verizon.

“Today was a huge victory for this merger … and now we are FINALLY able to focus on the last steps to get this merger done,” said T-Mobile CEO John Legere in a statement.

Both companies say joining forces will benefit consumers by expanding access to next-generation 5G cellular networks and offer better service nationwide. The merger will also create new jobs, the companies said, adding more than 3,500 additional full-time U.S. employees in the first year and 11,000 more people by 2024.

U.S. District Court Judge Victor Marrero agreed, noting in his decision: “T-Mobile has redefined itself over the past decade as a maverick that has spurred the two largest players in its industry to make numerous pro-consumer changes. The proposed merger would allow the merged company to continue T-Mobile’s undeniably successful business strategy for the foreseeable future.”





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Brett loves to read and write about business and thus, has some of the best contents regarding business penciled down for a number of reputed portals. Brett has successfully completed 2 Years with the Healthcare Industry Reports portal. He plans to have a part-time course chosen for all the juniors to be educated in the field of writing. Brett shifted to writing almost immediately after the completion of a degree in Business Administration. He plans to share his skills through writing. Brett’s career choice seems to have been excellent as we are being blessed with some of the most informative articles on a constant basis.

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