Cable / Telecom News

AT&T to buy T-Mobile USA for $39B

DALLAS, TX - AT&T is buying T-Mobile USA from Deutsche Telekom in a deal worth approximately US$39 billion, the companies confirmed on Sunday.The move means that AT&T will add 34 million customers to its current 96 million to become the largest wireless carrier in the U.S.  It also allows AT&T to gain much-needed spectrum to support the explosive demand for mobile broadband.“This transaction represents a major commitment to strengthen and expand critical infrastructure for our nation’s future,” said AT&T chairman and CEO, Randall Stephenson, in a statement. “It will improve network quality, and it will bring advanced LTE capabilities to more...