Senate Judiciary Committee is investigating the AT&T/T-Mobile USA merger. The hearing is titled: “The AT&T/T-Mobile Merger: Is Humpty Dumpty Being Put Back Together Again?”
Seriously? Can someone in the Senate come up with something better?
AT&T to Acquire T-Mobile USA From Deutsche Telekom
The news breaks on Sunday March 20th, 2011 that AT&T has come to agreement to buy T-Mobile USA from Deutsche Telekom.
AT&T Inc. (NYSE: T) and Deutsche Telekom AG (FWB: DTE) 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.
Both AT&T and T-Mobile USA are working on next generation networks using HSPA+ and LTE. Even though both companies are currently on GSM and UMTS/HSPA network, they are using different frequencies for the 3G network.
Previously Bloomberg reports that Deutsche Telekom and Sprint are discussing merger of T-Mobile USA and Sprint. Such merger would have been an interesting move since T-Mobile is operates GSM while Sprint operates CDMA network.
What would the future brings with the merger of AT&T and T-Mobile USA? AT&T would become America’s largest wireless carrier.
Bloomberg: Merger talks of Sprint and T-Mobile USA.
Bloomberg reports that Deutsche Telekom and Sprint are discussing merger of T-Mobile USA and Sprint. This would be an interesting merger since currently T-Mobile USA is using GSM while Sprint is using CDMA. Then again, the merger would happen after both companies roll out their LTE network.
Should the merger happen today, the slogan could be:
“SprinT-Mobile USA, We still ain’t got the iPhone.”