T-Mobile said its recent merger with rival Sprint would yield $1.2 billion of annual savings this year. "T-Mobile Picks Up Pace of Its Cost-Cutting Program," at 4:48 p.m ET on Nov. 5, and a subsequent update, incorrectly said the merger would yield that savings next year.

(END) Dow Jones Newswires

November 09, 2020 12:45 ET (17:45 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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