It all comes down to 5G.
Building a 5G network is an attractive argument given the hype surrounding the next-generation wireless technology. 5G, which is expected to be much faster and more responsive and to power more gadgets, is expected to change our lives. The merger between the nation's No. 3 player (T-Mobile) and No. 4 (Sprint) wireless companies would create a company with more resources to invest in the network and a portfolio of spectrum able to deliver it.
"The stakes are high -- technology leadership for the next decade is at stake," T-Mobile CEO John Legere said in his blog post.
Sprint, meanwhile, said the deal would improve 4G LTE coverage as well.
The deal is slated to close in the first half of 2019, but still needs regulatory approval.
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