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AT&T is buying T-Mobile from Deutsche Telekom
travelin cat




msg:4284705
 6:42 pm on Mar 20, 2011 (gmt 0)

AT&T Inc. and Deutsche Telekom AG today announced that they have entered into a definitive agreement under which AT&T will acquire T-Mobile USA from Deutsche Telekom in a cash-and-stock transaction currently valued at approximately $39 billion. The agreement has been approved by the Boards of Directors of both companies.


[mobilizeeverything.com...]

 

Leosghost




msg:4284710
 7:06 pm on Mar 20, 2011 (gmt 0)

Choice just got reduced in the USA..the "market way" is not always best..not when the big dogs ( with one of the least attractive packages ) can buy the smaller dog and stifle competition that way.

Surprised you don't have regulators to approve ( or not ) this kind of thing.

jimbeetle




msg:4284712
 7:13 pm on Mar 20, 2011 (gmt 0)

Surprised you don't have regulators to approve ( or not ) this kind of thing

"The acquisition is subject to regulatory approvals, a reverse breakup fee in certain circumstances, and other customary regulatory..."

incrediBILL




msg:4284717
 7:15 pm on Mar 20, 2011 (gmt 0)

This is simple market shake-out when you have too many options.

The weak start running for a buyer in order to protect the investors money.

Doesn't mean AT&T has to kill the T-mobile brand, they could leverage it, but it's doubtful.

Leosghost




msg:4284720
 7:24 pm on Mar 20, 2011 (gmt 0)

"The acquisition is subject to regulatory approvals, a reverse breakup fee in certain circumstances, and other customary regulatory..."

Good ..although in Europe a similar deal would have to get prior regulatory approval.

Doesn't mean AT&T has to kill the T-mobile brand, they could leverage it, but it's doubtful.

Wasn't thinking they'd "kill the brand"..but I do think they'll probably kill the T-Mobile deals that are better than the deals they were offering via AT&T.

incrediBILL




msg:4284724
 7:32 pm on Mar 20, 2011 (gmt 0)

When you raise the prices on a value brand it's killing the brand.

I assume they'll all just become AT&T

Sierra_Dad




msg:4285185
 5:49 pm on Mar 21, 2011 (gmt 0)

Won't AT&T then have a monopoly on GSM signal in the US?

I can get TMobile at my house. AT&T doesn't have good coverage here. Can I assume they'll remove the tower to bring the signal down to AT&T's standards?

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