On Thursday, T-Mobile (TMUS) reported its second-quarter earnings results after the market closed. However, investors are awaiting more important news: whether the T-Mobile and Sprint (S) merger gets go-ahead from regulators.

On July 25, Reuters reported, “The U.S. Justice Department is negotiating with state officials to get them to support a planned settlement that would allow T-Mobile US Inc and Sprint Corp to merge by selling assets to Dish Network Corp.”