US mobile operator AT&T has announced that intends to purchase T-Mobile USA fro Deutsche Telekom, in a deal worth $39 billion in cash and stock.
AT&T has also announced that they will be delivering 4G LTE to an additional 46 million people throughout the US, which would give them around 95 percent coverage of the US population.
AT&T’s acquisition of T-Mobile USA provides an optimal combination of network assets to add capacity sooner than any alternative, and it provides an opportunity to improve network quality in the near term for both companies’ customers. In addition, it provides a fast, efficient and certain solution to the impending exhaustion of wireless spectrum in some markets, which limits both companies’ ability to meet the ongoing explosive demand for mobile broadband.
You can find out full details of the deal between AT&T and T-Mobile over at the AT&T website.
Filed Under: Mobile Phone News, Technology News