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U.S. tells T-Mobile, Sprint to wrap up divestiture deal - source

FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration

WASHINGTON (Reuters) - The U.S. Justice Department has told T-Mobile US Inc <TMUS.O> and Sprint Corp <S.N> to wrap up a deal by the end of next week to sell assets that need to be divested or face a lawsuit aimed at stopping their proposed merger, a source familiar with the deal said on Thursday.

CNBC was the first to report the ultimatum.

(Reporting by David Shepardson and Diane Bartz; Editing by Leslie Adler)