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T has the 2nd-largest wireless postpaid subscriber base in the U.S. (77.4 mn). T also offers Wireline services and acquired DTV and its ~20 mn satellite video customers in 2015. T is expanding wireless into Mexico and has deployed LTE service to ~90 mn people in the country. T's LTE Network reaches over 317 mn US POPs. T currently has over 60 MHz of spectrum available to deploy, including 20 MHz of AWS-3, 20 MHz of WCS, 20 MHz of FirstNet, and 600 MHz winnings (3 MHz). T agreed to buy TWX for $109 bn in Oct 2016. In Nov. 2017, the DoJ sued T to block the merger, citing concerns over T's control over key content coupled with its large video distribution business. Judge Richard Leon ruled in favor of T/TWX on June 13, 2018 and the deal closed shortly thereafter. The DoJ has since appealed the ruling. In July 2015, T closed its acquisition of DTV. The $48.5bn merger brought T/DTV to 25 mn U.S. video subs. T has benefited from DTV by bundling mobile and video packages, which it believes reduces churn. Fixed/mobile convergence will also help T differentiate itself in the increasingly competitive environment. (24 Aug 2018)

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