Sprint and T-Mobile agree to combine in all-stock deal

T-Mobile and Sprint are trying again to combine in a deal that would reshape the U.S. wireless landscape, bringing it down to three major cellphone companies.

The deal announced Sunday would help the companies slash costs and could make them a stronger competitor to the larger AT&T and Verizon. But consumers might see higher prices because the combined company wouldn’t have to offer as many promotions to lure customers.