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Report: T-Mobile plans to buy Sprint

T-Mobile plans to acquire wireless carrier Sprint to better compete with giants AT&T and Verizon in the United States, according to a report on Monday from the U.K.’s Telegraph.

T-Mobile’s U.S. business is ranked only as the fourth largest carrier after AT&T, Verizon, and Sprint, but the reported Sprint acquisition would pit T-Mobile head-to-head with the U.S. market leaders.

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