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Industry-Leading Performance with Enhanced Financial Outlook
The U.S. Federal Communications Commission said on Thursday it will approve the T-Mobile US deal to buy Ka'ena Corp, the owner of budget service provider Mint Mobile, for up to $1.35 billion. The FCC cited T-Mobile's voluntary agreement to implement a 60-day unlocking period for all Mint Mobile and Ultra Mobile devices activated on the T-Mobile network before and after the closing. The FCC said the agreement will make it easier for Mint Mobile and Ultra Mobile customers to switch service providers.