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T-Mobile To Buy SunCom
Deutsche Telekom, the parent company of T-Mobile USA, has announced it will buy regional carrier SunCom for $1.6 billion and $800 million in assumed debt. SunCom, like T-Mobile, operates a GSM network and also offers a version of the Danger Hiptop, known on T-Mobile as the Sidekick. The deal is expected to close in early 2008.
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