AP Explains: The proposed Sprint and T-Mobile $26.5B deal
NEW YORK (AP) — Sprint and T-Mobile are talking up their $26.5 billion combination as great for high-speed wireless investments, rural service and U.S. competitiveness. But there are reasons to doubt the deal would do much on any of those fronts - and that it could also result in higher wireless costs for consumers.
The deal announced Sunday would combine the nation's third- and fourth-largest wireless companies and bulk them up to a similar size as Verizon and AT&T, the industry giants.
Here's a look at how the deal might affect your phone bill and prospects for better service.
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T-Mobile and, to a lesser extent, Sprint have been leaders in shaking up the cellphone industry.