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SoftBank to Drop Effort to Merge Sprint, T-Mobile

For the second time in three years, Sprint Corp. is preparing to leave T-Mobile US Inc. at the altar after months of negotiations to bring together the two U.S. wireless providers.

The two sides have been exploring a deal that would combine the No. 3 and No. 4 U.S. carriers by subscribers, seeking to create a player big enough to challenge the market leaders in a rapidly changing telecommunications and media landscape.

But...


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