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Sprint May Acquire T-Mobile

With T-Mobile’s majority owner, Deutsche Telekom AG, planning to leave the U.S., Sprint may have a go at acquiring the mobile company, according to a Wall Street Journal report. If the deal goes through, Americans would be left with only three major mobile carriers: Verizon, AT&T, and Sprint. The acquisition bid would amount to about $20 billion and would be presented in the first half of 2014. It is unclear whether the deal would go through, however—a previous bid by AT&T to acquire T-Mobile failed.