AT&T has agreed to buy T-Mobile USA from Deutsche Telekom for $39 billion in cash and stocks.
According to a press release of Deutsche Telekom, the German company will be getting $25 billion in cash and $14 billion in stock that would give it a 8 per cent stake in AT&T.
The combined customer base of this merger will be 130 million humans and both the companies estimate that it'll take them 12 months to get through all the bureaucracy - if they get through.
Source: http://cablequest.org/news/telecom-news/item/1061-att-set-to-acquire-t-mobile-for-$39-bn.htmlSource: http://cablequest.org/news/telecom-news/item/1061-att-set-to-acquire-t-mobile-for-$39-bn.html
Source: http://cablequest.org/news/telecom-news/item/1061-att-set-to-acquire-t-mobile-for-$39-bn.htmlSource: http://cablequest.org/news/telecom-news/item/1061-att-set-to-acquire-t-mobile-for-$39-bn.html
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