AT&T

AT&T to buy T-Mobile USA for US$39 billion

AT&T and Deutsche Telekom AG today announced that AT&T will acquire T-Mobile USA from Deutsche Telekom in a transaction worth US$39 billion (about US$25 billion in cash and the balance in AT&T common stock). Both Boards of Directors have approved the transaction but the deal still needs to go through the usual regulatory approvals. The deal is expected to take […]