AT&T to buy T-Mobile for $39 Billion!

AT&T will be acquiring T-Mobile USA in a cash and stock transaction worth $39 billion.  This moves kills off some big competition for AT&T. By buying out T-Mobile, AT&T leaves only 2 companies to give them competition Verizon and Sprint. The acquisition also means that AT&T is the single largest mobile carrier in the US.  This move is said to improve network quality and will expand the reach of LTE to more than 294 million people. AT&T and T-Mobile customers should see service improvements with improved voice quality due to increased cell tower density and broader network infrastructure. AT&T should also immediately gain cell sites that would otherwise have taken five years to build. This acquisition isn’t all about subscriber bases; it’s about improving AT&T’s reliability and preparing it for the 4G era of wireless communication. This move might get T-Mobile an iPhone of their own now, which has been rumored for the past several years.   
 

One comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s