T-Mobile U.S. and Sprint Corp. have closed their long-awaited merger that combines two of the largest U.S. wireless providers, the companies said Wednesday.The merger is worth more than $31 billion based on T-Mobile’s closing stock price on March 31.
The telecom giants earlier agreed to sell certain assets to Charlie Ergen's Dish Network in a deal valued at $5 billion that included Sprint’s prepaid business and some wireless spectrum.
Hollywood will be paying attention as consumers' mobile video and other entertainment consumption has grown in recent years.
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