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  • AT&T to Acquire T-Mobile and Become the Largest US Wireless Provider


    In a surprise announcement that has rocked the mobile world Sunday, AT&T has announced what's being called a definitive agreement to acquire T-Mobile USA Deutsche Telekom for $39 billion in cash and stock combo. With this transaction, the wireless giant says in a formal statement heralding the buy, "AT&T commits to a significant expansion of robust 4G LTE deployment to 95 percent of the U.S. population to reach an additional 46.5 million Americans beyond current plans – including rural communities and small towns."

    If the deal is ultimately given the green light via regulatory approval, AT&T will effectively become the largest wireless provider in the US. The move comes as a major blow to Verizon as the carriers (both of which now boast the iPhone) duke it out to an entirely new degree for mobile supremacy. By bringing T-Mobile customers into the fold at AT&T, the carrier is poised to potentially regain some of the mobile mojo it lost to Verizon earlier this year.

    “This transaction represents a major commitment to strengthen and expand critical infrastructure for our nation’s future,” said Randall Stephenson, AT&T Chairman and CEO. “It will improve network quality, and it will bring advanced LTE 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. During the past few years, America’s high-tech industry has delivered innovation at unprecedented speed, and this combination will accelerate its continued growth.”

    To read the official announcement from AT&T, click here.

    Source: AT&T
    This article was originally published in forum thread: AT&T to Acquire T-Mobile and Become the Largest US Wireless Provider started by Michael Essany View original post
    Comments 306 Comments
    1. Mes's Avatar
      Mes -
      ^Consumer happingess also includes choices!!!!
    1. squassss's Avatar
      squassss -
      Quote Originally Posted by Mes View Post
      ^You don't know business very well. Retired VP Manager here.

      This is nothing new. Grow by acquisition, or grow internally.

      Growth by acquisition creates nothing new. Rebranding, elimination of duplication jobs, less choices.

      Plain and simple. Nothing new.
      Rigggghttt. Based on what you have said thus far it's obvious this is a lie. Everyone on the internet is a corporate hot shot that dates supermodels right? The aquisition allows minimal spending on hardware while increasing penetration and quality... AND with both companies working toward the common goal of pushing LTE they can work together rather than against. This brings LTE to consumers sooner than later.

      Quote Originally Posted by Mes View Post
      ^Consumer happingess also includes choices!!!!
      What choices would you like?
    1. Ochocinco's Avatar
      Ochocinco -
      hahahaha i laugh at how people say at&t cost so much, im paying 175 for 5 lines with 700 mins, rollover, unlimited texting for everyone, a 30 and a 15 dollar iphone plan. if i had this on verizon i couldnt even get it as cheap, it cost me over 200 bucks. this merger is great,i could use better voice around here
    1. Mes's Avatar
      Mes -
      ^OK. Say what you will.

      One day you will wake up and realize this does not help the American consumer. The only true beneficiary is AT&T management and stock holders.

      They could easily share networks NOW! IF they wanted to.

      Nothing new
    1. squassss's Avatar
      squassss -
      Quote Originally Posted by Mes View Post
      ^OK. Say what you will.

      One day you will wake up and realize this does not help the American consumer. The only true beneficiary is AT&T management and stock holders.

      They could easily share networks NOW! IF they wanted to.

      Nothing new
      I guess we can agree to disagree on this point.
    1. Mes's Avatar
      Mes -
      Quote Originally Posted by squassss View Post
      I guess we can agree to disagree on this point.
      Agreed
    1. Gr0undBreak1ng's Avatar
      Gr0undBreak1ng -
      What lol
    1. Mes's Avatar
      Mes -
      ^

      JP Morgan give AT&T $20 Billion 1-year loan to finance the deal.

      Also, AT&T agrees to pay T-Mobile $3Billion break-up fee (if US regulators don't approve the merger)

      My new book: How to spend billions and have nothing new
    1. Gr0undBreak1ng's Avatar
      Gr0undBreak1ng -
      Ill see if i can get it at barnes and noble :P
    1. Mes's Avatar
      Mes -
      ^ Your copy is grattis
    1. Gr0undBreak1ng's Avatar
      Gr0undBreak1ng -
      Poor AT&T, such a large company; wasting large amounts of money(39B)
    1. vovillamor's Avatar
      vovillamor -
      Quote Originally Posted by TheJailbreakGenius View Post
      AT&T definitely has the wrong idea... Try spending a few billions on networks, and you might actually be the biggest.
      It sounds like if AT&T can't built its [LTE] network fast enough, they'll just buy an existing network.

      Sounds like a way to kick-start AT&T's LTE network...
    1. Gr0undBreak1ng's Avatar
      Gr0undBreak1ng -
      Not!
    1. squassss's Avatar
      squassss -
      yep, that's exactly it. Rather than wasting money in overlapping infrastructure, focus can now be placed on areas not covered well by either company.
    1. Mes's Avatar
      Mes -
      ^Overlapping infrastructure is necessary to accommodate the call/data volume in any wireless spectrum. For example, in some areas, cell towers are found every block. Within each wireless spectrum a finite amount of data can be transferred.

      Buying existing towers is nothing new. Build MORE towers AT&T --- please!!!!
    1. squassss's Avatar
      squassss -
      I guess I should have rephrased that. What I mean is redundant towers in areas that do not need the throughput. AT&T is building more towers. I can tell you this from seeing it first hand. Lots of rural areas are being expanded long before this buyout.
    1. Gr0undBreak1ng's Avatar
      Gr0undBreak1ng -
      Towers= better coverage for farmers
    1. Mes's Avatar
      Mes -
      ^Haha.

      Farmers are people too
    1. Gr0undBreak1ng's Avatar
      Gr0undBreak1ng -
      True
    1. alexevo's Avatar
      alexevo -
      Consider this: When you "roam" on T-Mobile's towers it definitely won't be under 3G and likely won't be under EDGE either. You will probably get GPRS service for a phone call or text but you won't be able to roam with data so you can't just say "there is no difference because I can roam on T-Mobile's towers when I'm not within range of an AT&T tower."

      ^ The first reason is because of the frequency programming of the phone, the 2nd is because of limitations imposed by both networks, and the 3rd is just for convenience.

      By buying their network AT&T is strengthening their coverage in areas where T-Mobile was stronger and AT&T was weaker, they are also giving expanded coverage to places where AT&T was stronger and T-Mobile was weaker, and in areas where they were both strong the higher capacity will allow for more data usage by all the users. In places where they are both weak, there will be slight improvements which are always welcome.