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SoftBank scores a win as US clears Sprint merger with T-Mobile

Son sheds risk from money-losing carrier to plow cash into AI

TOKYO/NEW YORK -- The U.S. Department of Justice on Friday said it will approve the $26 billion merger of SoftBank Group-owned Sprint and T-Mobile US, setting the Japanese-owned carrier on the road to recovery and offering SoftBank Chairman Masayoshi Son leeway to take on risky but potentially rewarding investments in cutting-edge tech.

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