The Department of Justice on Friday agreed to clear T-Mobile's purchase of Sprint if the company sells some spectrum and wireless assets to Dish Network. Shares of both Sprintand T-Mobile surged on the news. The DOJ and five US states agreed on a settlement with the companies that would require them to divest Sprint's prepaid phone businesses and wireless spectrum to Dish so it can build out a fourth US phone carrier. Visit the Markets Insider homepage for more stories.
The Department of Justice on Friday agreed to clear T-Mobile's purchase of Sprint if the company sells some spectrum and wireless assets to Dish Network. Shares of both Sprintand T-Mobile surged on the news. The DOJ and five US states agreed on a settlement with the companies that would require them to divest Sprint's prepaid phone businesses and wireless spectrum to Dish so it can build out a fourth US phone carrier. Visit the Markets Insider homepage for more stories.
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