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July 29, 2017

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US wireless carrier Sprint abandons offer for competitor T-Mobile: report

NEW YORK -- U.S. wireless carrier Sprint has decided to abandon a bid for rival T-Mobile, viewing the massive tie-up as unlikely to win regulatory approval, the Wall Street Journal reported Tuesday.

Sprint, which is controlled by Japanese giant SoftBank, had been close to a deal valued at some US$32 billion, according to several reports.

 

 

 

 

 

 

 

 

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