T-Mobile-Sprint Asset Sale? • Public TV Legal Battle • EU’s Facebook Warning

Sprint and T-Mobile may have to give a little to get a lot.

Skepticism has subsided in recent weeks about regulators approving their proposed $26.5 billion merger. But to get approval, the wireless carriers may have to sell some assets such as spectrum licenses and pre-paid wireless business subsidiaries, Victoria Graham reports.

The promise of a robust next-generation 5G wireless network could convince regulators to set aside their competition concerns and greenlight the deal, even if it means removing one of four major carriers from the market.

The Justice Department will take the lead in assessing the deal’s impact ...