T-Mobile's mega-merger with Sprint can move forward, the Justice Department said Friday, paving the way for an unprecedented combination of America's third- and fourth-largest wireless providers.
Sprint and T-Mobile's on-again-off-again $26 billion merger appears to be on again, leaving the combined company poised to become the second-largest wireless provider in the country. The US Department of Justice is prepared to approve the deal within days, CNN Business has learned.
Justice Department Antitrust Chief Makan Delrahim appeared in the courtroom Thursday to watch the proceedings in the government's lawsuit to stop AT&T's bid to purchase Time Warner as attorneys honed in on another merger: Comcast and NBCUniversal.