
Wow, just wow. I don’t think anyone was expecting this. Today, AT&T Mobility announced that they will be acquiring T-Mobile USA, the nation’s fourth largest carrier, from Deutsche Telekom for $39 billion.
The purchase price will include $25 billion in cash and the remaining balance in AT&T stock, subject to adjustment, according to a statement today. The acquisition would make AT&T a monopoly for GSM/EDGE/HSPA+ phones in the U.S. This deal will also bump up AT&T to the largest U.S wireless provider with 130 million subscribers, bumping down Verizon Wireless and its 90 million subscribers to second largest.
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PHONGHERHE
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