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AT&T CEO: Sprint/T-Mo have a ‘tough hill to climb’ on merger

AT&T fighting DoJ over Time Warner acquisition

Executives from Sprint and T-Mobile US have been hitting the Hill hard seeking to gain consensus for a proposed merger that, if approved, would reduce the U.S. Tier 1 mobile operator market from four to three players. Speaking at the Code Conference in California last week, AT&T CEO Randall Stephenson, in comments reported by CNBC, said the two companies would have “a tough hill to climb” in terms of regulatory approval.

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