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ATT Buys Out T-Mobile


The two biggest mobile GSM providers in the US are T-Mobile and AT&T, and now AT&T is buying out T-Mobile USA for $39 Billion, part cash and part stock. AT&T want to increase its revenues and customer base with this buy out and this is one way to jump ahead. This is interesting news since they both took different routes to develop their technology and customer offering, but this buyout is shocking to say the least. I have always been against AT&T and their policies, and I preferred T-Mobile over AT&T but now they are going to be under one umbrella once this buyout is allowed by regulators. Then the big two will be AT&T & Verizon, and they will have a control of prices, and it will be interesting to see the pricing and packages they have in mind. I just hope they increase their speeds overall and connect their network so it wont be a sporadic network with spotty coverage.

Link: Yahoo