Deutsche Telekom sets meeting as T-Mobile, Sprint deal nears approval: report

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Deutsche Telekom sets meeting as T-Mobile, Sprint deal nears approval: report
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Deutsche Telekom has called a leadership meeting on Wednesday in expectation of ...

FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration taken April 30, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

It cited unnamed sources as saying that officials at the U.S. Department of Justice were expected to give the nod to the $26 billion deal after months of negotiations to address antitrust concerns arising from the deal. The merger would reduce the number of market players from four to three, which critics say would leave consumers facing less choice and higher prices.

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