Talk of T-Mobile taking over Sprint-Nextel

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There are reports that T-Mobile may soon make a multi-billion dollar bid to take over Sprint-Nextel.

T-Mobile is the nation's fourth largest cell-phone company and is owned by Deutsche Telekom.

T-Mobile has been having a hard time competing with Verizon and AT&T.

Any sale would have to be approved by the federal government and drop the choices for consumers in many areas to just three companies.

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