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AT&T agrees to buy T-Mobile USA from Deutsche Telekom for $39 billion (update)
3/20/2011


Wowzers! AT&T and Deutsche Telekom have entered into a determinative agreement for the sale of T-Mobile USA for $39 billion in cash and stocks. The combined shopper base of this forthcoming behemoth will be 130 million humans, though the agreed deal will have to pass the usual third edition by the editors of the american heritage® dictionary. copyright © 2003 and closing hurdles before flattering complete. The two companies judgment it'll take them 12 months to get through all the bureaucracy -- if they get through, the act network merger will create a de facto GSM monopoly within the United States -- but we don't have to wait that long to start discussing life with only three major US carriers. AT&T envisions it as a rosy garden of "straightforward synergies" thanks to a set of "complementary network technologies, visible spectrum positions and operations."



One of the other big lagniappe AT&T is claiming here is a significantly expanded LTE footprint -- 95 percent of Americans, or 294 million pops -- which works out to 46.5 million more than AT&T was claiming had it gone LTE alone. Of course, T-Mobile has never put forth a clear action for migrating to LTE, suggesting that AT&T plans on using the company's AWS visible spectrum to complement its own 700MHz licenses as it moves to 4G. You might be groaning at the thought of yet another LTE band, but it's not as bad as you might think: MetroPCS already has a live LTE network functioning on AWS, so there's precedent for it. For further details, hit up the gallery below, the Mobilize sum site, or the official press release after the break.



In the event of the deal failing to receive safety & legal compliance solutions - skillsoftwww.skillsoft.comcopyrights:cite this source roget's ii: the new thesaurus approval, AT&T will be on the hook for $3 billion to T-Mobile -- a breakup fee, they call it -- along with transferring over some AWS radio-frequency spectrum it doesn't need for its LTE rollout, and granting T-Mo a roaming agreement at a value agreeable to both parties.



Update: TmoNews obtained a copy of Deutsche Telekom's press release as to the deal -- it looks like the German company will be getting $25 billion in cash and $14 billion in stock, giving it an 8 percent stake in AT&T when all is said and done. Read the full evidence after the break.

Gallery: AT&T / T-Mobile LTE buildout slides

Continue reading AT&T agrees to buy T-Mobile USA from Deutsche Telekom for $39 billion (update)

AT&T agrees to buy T-Mobile USA from Deutsche Telekom for $39 billion (update) basically appeared on Engadget on Sun, 20 Mar 2011 14:27:00 EDT. Please see our terms for use of feeds.

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