T-Mobile US Inc. won approval from U.S. national-security officials for its planned takeover of Sprint Corp., according to people familiar with the matter, bringing the two rivals a step closer to closing their roughly $26 billion combination. The Committee on Foreign Investment in the U.S., or Cfius, told the companies Monday that it had cleared the union of the No. 4 carriers by subscribers after several months of negotiations with company representatives, the people said.

Source: Wall Street Journal December 17, 2018 20:00 UTC