NEW YORK (AFP) – AT&T agreed to buy T-Mobile USA from Germany's Deutsche Telekom for $39 billion in a blockbuster deal in the wireless telecom sector, the two companies announced Sunday.
The cash-and-stock deal has been approved by the boards of both companies and would make AT&T a dominant player in the wireless telecom sector, pending regulatory approval.
"This transaction represents a major commitment to strengthen and expand critical infrastructure for our nation's future," said Randall Stephenson, AT&T chairman and chief executive.
"It will improve network quality, and it will bring advanced... capabilities to more than 294 million people. Mobile broadband networks drive economic opportunity everywhere, and they enable the expanding high-tech ecosystem that includes device makers, cloud and content providers, app developers, customers, and more."
http://news.yahoo.com/s/afp/ts_afp/usgermanytelecomcompanymergerFuck yeah, being an AT&T customer just got better.
Death is not the worst of evils.
You can't be down, when you're always high.
Comments
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Haha, we shall see. I'm just pumped to get some better coverage for my iPhone.
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Sorry Tim lol