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MERGER BLOCKED: AT&T (T), SPRINT (S), AND VERIZON (VZ)

Acquisition of T-Mobil has been blocked by the Department of Justice.   AT&T  (T) has said that it will contest in a court. This development is negative for AT&T and Verizon (VZ).   The development is neutral for Sprint (S).   T-Mobile has been an aggressive competitor.   T-Mobile staying

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