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  (Source: Comedy Central)

Say goodbye to the T-Mobile girl
AT&T to shake up the U.S. wireless market with T-Mobile purchase

Well, that one came of left field. It was just a few weeks ago that we were talking about the possibility of Sprint snatching up T-Mobile from Deutsche Telekom. However, the tables turned today when AT&T announced that it would be purchasing T-Mobile for $39 billion USD – the actual breakdown will include $25 billion in cash and the rest in stock.

"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.

"This transaction delivers significant customer, shareowner and public benefits that are available at this level only from the combination of these two companies with complementary network technologies, spectrum positions and operations. We are confident in our ability to execute a seamless integration, and with additional spectrum and network capabilities, we can better meet our customers’ current demands, build for the future and help achieve the President’s goals for a high-speed, wirelessly connected America.”

The deal would of course have to be approved by U.S. regulating bodies, but if all goes well, AT&T and Deutsche Telekom hope to have the transition finalized within the next year. 

AT&T currently has 95.5 million customers putting in second place behind Verizon’s 102.2 million customers. Adding T-Mobile’s 33.7 million customers will make AT&T the largest wireless carrier in the U.S. by far. 

AT&T is also looking to boost its nascent LTE efforts with this transaction, and will bring the technology to 95 percent of the U.S. population. AT&T will also spend an additional $8 billion over the next five years to boost its infrastructure investment within the U.S. 

We can only hope that the T-Mobile acquisition, broadened LTE deployments, and increased spending on infrastructure will improve AT&Ts famously "fragile" wireless network. 

AT&T made headlines last week – and drew the wrath of many – when it announced that it would start cracking down on users that were using “illegal” jailbreak apps to tether data with their smartphones.



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RE: Its the 80s all over again
By superPC on 3/20/2011 9:39:15 PM , Rating: 2
the thing about capitalism is that although it's good for consumer, basically it's bad for the big corporation. hell for them it's far more profitable to do back room dealing and price fixed everything and cooperate with their "competitor" to give them the largest possible profit. don't believe me? here's proof: http://www.guardian.co.uk/business/2008/aug/07/bri... . that's one scandal that we know of, how many that we don't know of? get your head out of the sand, this is the 21st century not the 19th. and guiding invisible hand? where is that hand when we need them when Intel use unfair practice at the time AMD has technological advantage? where's that hand when airlines were (are?) price fixing everything all over the world? Where’s that hand when RAM and LCD were price fixed by Samsung and other?

face it: with the corporation all getting as big as they are today pure capitalism is IMPOSSIBLE. they're too big and not agile enough to really compete. And the only way they can keep increasing their profit is by backroom dealing and not actually compete.


RE: Its the 80s all over again
By AEvangel on 3/21/11, Rating: 0
RE: Its the 80s all over again
By tamalero on 3/21/11, Rating: 0
RE: Its the 80s all over again
By Kurz on 3/21/2011 3:15:11 PM , Rating: 2
Polution is only a issue with Tragedy of the Commons.
IE when ever there is no strict owner of the land, river, air, resource there will be pollution.

I can see regulations for Air and Water as beneficial.
Other than that there is no need for more regulations.


"Paying an extra $500 for a computer in this environment -- same piece of hardware -- paying $500 more to get a logo on it? I think that's a more challenging proposition for the average person than it used to be." -- Steve Ballmer














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