Monday, March 21, 2011

AT&T buys T-Mobile

AT&T and Deutsche Telekom have entered into a definitive agreement for the sale of T-Mobile USA for $39 billion in cash and stocks. One of the biggest questions about this deal is whether T-Mobile will continue as a seperate brand or just be absorbed into AT&T.  So far the response from most cellphone customers are negative.  The deal does have to approved by federal regulators in the U.S. first.  

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