US regulators have approved a merger between AT&A and T-Mobile, the largest wireless carrier in the US.
The merger is one of a flurry of deals that the Federal Communications Commission (FCC) and the Department of Justice (DOJ) have approved in recent months.
The FCC approved AT&I’s $85 billion acquisition of Time Warner in October and AT&S’ $55 billion acquisition in November, as well as a proposed $70 billion deal between Verizon and Comcast.
Both companies are also getting a boost in funding from US investors.
But AT&As deal with T-mobile, which is also owned by Verizon, is considered by regulators to be more significant.
The FCC is looking at the merger as one that could be viewed as a “mega-merger” and that would be “likely to provide competitive advantages to T-Mobiles wireless services and services provided by T-mobiles customers,” the agency said in its approval announcement on Wednesday.
The company also agreed to a merger agreement with AT&P in November that would bring the two companies together.
T-Mobile was a key player in the wireless market before the consolidation of the two players, and AT &T has continued to operate its own network for years, according to Bloomberg.
T-Mo’s network includes most of the nation’s carriers.
AT&Ts network includes AT&s wireless and satellite companies, but the companies have diverged in recent years.