Mar 23, 2011
AT&T recently announced its agreement to buy T-Mobile USA from Deutsche Telekom for $39 billion with the German company receiving $25 billion in cash and $14 billion in stock, giving it an 8% stake in AT&T, assuming all goes well and the merger happens.
It’s important to note that while the two companies have reached an agreement, it could take up to a year for the deal to go through, essentially creating a GSM monopoly within the United States. Obviously, the regulatory commission will be taking a special look at this situation and will have the final say in any proceedings.
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