Mergers & Acquisitions

AT&T Buying T-Mobile For $39 Billion

By Rosie Gray Sun., Mar. 20 2011 at 3:01 PM
Categories: Mergers & Acquisitions, Rosie Gray, Technology, Telecommunications, iPhone Dogma
tmobile_att.jpg
Strange bedfellows.
​And lo, one crappy service provider acquires another. AT&T announced today that it's buying T-Mobile USA for $39 billion from Deutsche Telekom. If the two companies fully merge, the deal will give AT&T another 46.5 million customers in America, pushing it way past Verizon and leaving Sprint as the awkward outsider. So T-Mobile will probably get the iPhone, Verizon's gotten the iPhone, and us Sprint customers will soldier on with our BlackBerries.

Amusingly, T-Mobile's recent ad campaign has focused mostly on AT&T sucking. Guess they didn't mean it!

[rgray@villagevoice.com] [@_rosiegray]

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