T-Mobile has announced it will buy rival Sprint and form a new company valued at $146bn, taking the spot as the third largest carried in the US.
The carrier will pay $26bn (£18.9bn) to take over Sprint, clinching a nine-year courtship between the pair in a move that will up its customer base to 127m.
T-Mobile said the merger will accelerate its goans to create a nationwide 5G network. The new company will be able to light up a broad and deep 5G network faster than either company could separately, it said.
It is likely to attract scrutiny from regulators with concerns over competition and higher prices for customers with less promotions and price matching between rivals.
But John Legere, president...