NEW YORK (AP) — Mobile carrier T-Mobile has completed its takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size.
The deal was announced two years ago and has taken a long time to close because of pushback from state and federal regulators.
T-Mobile will sell assets to satellite TV company Dish to try to set it up as a new wireless company.
Still, public-interest groups say the consolidated wireless market will cost consumers.
T-Mobile says the deal will benefit consumers and had promised regulators not to raise prices for three years.
