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Sprint, T-Mobile US call off merger after several months of talks

Staff Writer |
Sprint and T-Mobile US said they have called off merger talks to create a stronger U.S. wireless company to rival market leaders.

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A combined company would have had more than 130 million U.S. subscribers, behind Verizon Communications and AT&T.

The failed merger could also help keep wireless prices low as all four providers have been heavily discounting their cellphone plans in a battle for consumers.

The companies’ unusual step of making a joint announcement on the canceled negotiations could indicate they still recognize the merits of a merger, keeping the door open for potential future talks.

Sprint and T-Mobile said they ended talks because the companies “were unable to find mutually agreeable terms.”

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