After years of back and forth, U.S. telecoms
giant T-Mobile announced Sunday that it has finally agreed to buy rival Sprint. The all-stock merger is worth 26 billion U.S.
dollars and needs approval from America’s antitrust regulators. Pundits believe the deal will go through because
it will create thousands of jobs and also help the U.S. beat China to creating the next
generation mobile network. However critics say reduced competition in
the American telecoms market could end up hurting consumers. If the merger is confirmed, then T-Mobile
will be positioned as a fierce rival to Verizon and AT&T.