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AT & T is going to buy T-Mobile USA for $ 39 billion

Posted in March 21st, 2011
Published in Main news
Tags: TMobile USA,

AT & T plans to pay 25 billion "cash" and the remaining 14 billion – shares (8% stake in AT & T). As a result, American Telephone and Telegraph will be the largest provider of communications on U.S. soil, as the number of subscribers, and infrastructure development.

According to AT & T, the deal "will improve the quality of services provided to customers of both companies, as well as 46.5 million people will have access to high-speed mobile Internet 4G LTE".

As said by the representatives of both companies, the merger will be completed within a year. True, the transaction will be closed only if it would approve the regulators, who may decide that a total monopoly of AT & T could become a threat to the U.S. telecommunications market. The company Sprint, for example, the transaction is challenged.

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