US telecoms giant T-Mobile has agreed to buy its rival Sprint in a $26bn (£18.9bn) deal.
T-Mobile Agrees $26bn Mega-Merger with Sprint
(RICHARD B. LEVINE/Newscom) T-Mobile and Sprint Nextel cellular phone stores adjoin each other in Herald Square in New York on Tuesday, March 8, 2011. Sprint is reported to be nearing an agreement to acquire T-Mobile for $32 billion.
