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View Full Version : AT&T to buy T-Mobile from Deutsche Telekom

Amnesiac
March 20th, 2011, 02:02 PM
AT&T said Sunday it would be buying rival T-Mobile USA from Deutsche Telekom for cash and stock valued at $39 billion.

In a press release AT&T said both companies boards had approved the deal.

"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."

Deutsche Telekom will receive an equity stake in AT&T that, based on the terms of the agreement, would give Deutsche Telekom an ownership interest in AT&T of approximately 8 percent, AT&T said in a press release. A Deutsche Telekom representative will join the AT&T Board of Directors.

Does this mean I can finally get an iPhone?
Perseus
March 20th, 2011, 02:11 PM
Goddamnit. I wanted to buy one of TMobile's smartphones since they look cool. Oh, well. At least now I will be able to get a Windows 7 Phone?
Iceman
March 20th, 2011, 02:14 PM
Why couldn't this be Verizon buying AT&T?
CantLiveWithoutYou
March 20th, 2011, 09:32 PM
Why couldn't this be Verizon buying AT&T?

Because they're the biggest competing companies. The two largest companies in any business NEVER buy each other. This would be like asking why microsoft doesn't buy crapple.
Iceman
March 20th, 2011, 09:44 PM
Because they're the biggest competing companies. The two largest companies in any business NEVER buy each other. This would be like asking why microsoft doesn't buy crapple.

It wasn't ment to be taken literally.
Commander Thor
March 20th, 2011, 09:47 PM
Because they're the biggest competing companies. The two largest companies in any business NEVER buy each other. This would be like asking why microsoft doesn't buy crapple.

Actually, that's not it.
The reason T-Mobile wasn't bought by Sprint or Verizon, is that their network types are incompatible. T-Mobile is GSM, Sprint & Verizon is CDMA. AT&T is pretty much the only US carrier capable of buying T-Mobile, as AT&T also uses GSM.
Daniel_
March 22nd, 2011, 09:34 PM
Get ready for price increases. =)
paul955
March 31st, 2011, 11:07 PM
I just hope my AT&T service gets better, i'm really dissapointed in the number of dropped calls I get. When i had verizon it was SOOO much better. But I guess that just depends on your area.
Commander Thor
March 31st, 2011, 11:46 PM
I just hope my AT&T service gets better, i'm really dissapointed in the number of dropped calls I get. When i had verizon it was SOOO much better. But I guess that just depends on your area.

You have an iPhone, don't you?
paul955
April 1st, 2011, 12:27 AM
Nope, i wish. I had a blackberry bold 9000 but i broke it. I have some weird wanna be blackberry Samsung go phone.