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German media giant Bertelsmann's Penguin Random House is already the largest American publisher. It wants to buy New York-based Simon & Schuster, whose authors include Stephen King, Hillary Clinton and John Irving.
Twitter's move deprives Trump of a potent tool he has used to communicate directly with the American people for more than a decade.
Once that happens, the number of major U.S. wireless companies would shrink from four to three.
Although T-Mobile says it won't raise prices for three years, Rep. Frank Pallone, D-N.J., chairman of the House Energy and Commerce Committee, said he isn't sure that Trump administration regulators are willing to hold T-Mobile to that promise.
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