T-Mobile and Sprint finally agreed to a massive telecom merger after years of negotiations punctuated by two breakups. The agreement would leave just three major wireless carriers in the United States and must clear antitrust regulators. A recent report from research firm Analysys Mason suggests it's China and South Korea, not the United States, that are currently leading 5G development. Sprint and T-Mobile first discussed a merger in 2014 but scrapped it because of concerns about regulatory challenges from the Obama administration. Related: T-Mobile and Sprint break up, againBut last November, after much speculation, the two companies issued a statement saying they had "ceased talks."

Source: CNN April 29, 2018 16:25 UTC