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Old 03-20-2011, 08:05 PM
Richard Chao
Contributing Editor
Join Date: Feb 2011
Posts: 109
Default AT&T Buys T-Mobile USA

<div class='os_post_top_link'><a href='http://www.engadget.com/2011/03/20/atandt-agrees-to-buy-t-mobile-from-deutsche-telekom/' target='_blank'>http://www.engadget.com/2011/03/20/...utsche-telekom/</a><br /><br /></div><p><em>"AT&amp;T Inc. (NYSE: T) and Deutsche Telekom AG (FWB: DTE) today announced that they have entered into a definitive agreement under which AT&amp;T will acquire T-Mobile USA from Deutsche Telekom in a cash-and-stock transaction currently valued at approximately $39 billion. The agreement has been approved by the Boards of Directors of both companies."</em></p><p><em><img src="http://images.thoughtsmedia.com/resizer/thumbs/size/600/wpt/auto/1301077578.usr1.jpg" /></em></p><p>Earlier in the week, there were rumors of merger talks between Sprint and T-Mobile making them a stronger competitor to AT&amp;T and Verizon. &nbsp;It looks like the rumor stage is as far as that will ever go. &nbsp;Engadget has just reported AT&amp;T has agreed to buy T-Mobile USA for $39 billion. &nbsp;Once the purchase is approved by government regulators and the transaction completed, AT&amp;T will be the only cell provider that uses the GSM standard. &nbsp;</p><p>How does this make those of you who have HD7s or Venue Pros feel? &nbsp;Are you looking forward to or dreading the merger? &nbsp;</p>
 
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