BREAKING NEWS: AT&T to acquire T-Mobile

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AT&T just announced a definitive agreement with Deutsche Telekom to buy T-Mobile USA for $39 billion in cash and stock. In a press release, AT&T said the agreement has been approved by both companies’ boards of directors.

If the deal meets regulatory approval, AT&T will be the largest wireless provider in the United States. The company says the transaction will allow it to expand its 4G LTE network to 95% of the population of the United States, and touts enhanced “quality in the near term” for AT&T and T-Mobile customers.

 

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About Jeff Talento

LesMills BODYPUMP™ Instructor | Utica Comets | Florida Gators | Buffalo Bills | NJ Devils | A7X | Snapchat: jeffcny

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