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CEO John Legere: T-Mobile, Sprint Merger Will Deliver 'Highest Capacity Network'

PHILADELPHIA (CBS) -- T-Mobile and Sprint have agreed to merge after years of negotiations.

The combined company will take on T-Mobile's name and leave just two other major wireless carriers in the United States, Verizon and AT&T.

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T-Mobile CEO John Legere will head the merged company.

He said it will deliver the "highest capacity network in U.S. history."

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