T-Mobile's $26.5 billion takeover of Sprint approved by federal judge

I’m no fan of late-stage capitalism mega-mergers but the reality is that neither Sprint nor T-Mobile as they stand today can remain viable for much longer on their own. Operating redundant, overlapping nationwide cellular networks while fighting off intense competition from the AT&T and Verizon duopoly means lots and lots of cash going out the door every day.

The issue is not whether we should allow Sprint and T-Mobile to merge but rather why we aren’t talking about breaking up behemoths like AT&T and Verizon instead.

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