AT & T Inc. (NYSE: T - News) and Deutsche Telekom AG (FWB: DTE.f - News) today announced that it has signed a definitive agreement in which AT & T will get a T-Mobile USA from Deutsche Telekom and the cash- current-stock transaction worth about $ 39 billion. The agreement has been approved by the Board of Directors of both companies.ATT
AT & T's acquisition of T-Mobile USA provides the optimal combination of network assets to increase capacity faster than other alternatives, and provide an opportunity to improve its network in the near future for customers of both companies. In addition, provide a solution fast, efficient and future specific to fatigue wireless spectrum in several markets, which limits the ability of both companies to meet the explosive demand for mobile broadband ongoing.ATT
With this transaction, AT & T is committed to significant expansion of the strong 4G LTE (Long Term Evolution) spread to 95 percent of the U.S. population to reach 46.5 million additional Americans out plan today - including rural communities and small towns. This helps achieve the Federal Communications Commission (FCC) and the objectives of President Obama to connect "every part of America into the digital age." T-Mobile USA does not have a clear path to LTE.ATT
"This transaction represents a major commitment to strengthen and expand infrastructure critical to the future of our nation," said Randall Stephenson, AT & T Chairman and CEO. "This will improve the quality of the network, and it will bring the ability of LTE forward to more than 294 million people. Mobile broadband network drives economic opportunity everywhere, and they allow high-tech growing ecosystem that includes the device makers, content providers and cloud, application developers, customers, and more. Over the last few years, American high-tech industry has given birth to innovate with unprecedented speed, and this combination will accelerate the ongoing growth. " ATT
AT & T's acquisition of T-Mobile USA provides the optimal combination of network assets to increase capacity faster than other alternatives, and provide an opportunity to improve its network in the near future for customers of both companies. In addition, provide a solution fast, efficient and future specific to fatigue wireless spectrum in several markets, which limits the ability of both companies to meet the explosive demand for mobile broadband ongoing.ATT
With this transaction, AT & T is committed to significant expansion of the strong 4G LTE (Long Term Evolution) spread to 95 percent of the U.S. population to reach 46.5 million additional Americans out plan today - including rural communities and small towns. This helps achieve the Federal Communications Commission (FCC) and the objectives of President Obama to connect "every part of America into the digital age." T-Mobile USA does not have a clear path to LTE.ATT
"This transaction represents a major commitment to strengthen and expand infrastructure critical to the future of our nation," said Randall Stephenson, AT & T Chairman and CEO. "This will improve the quality of the network, and it will bring the ability of LTE forward to more than 294 million people. Mobile broadband network drives economic opportunity everywhere, and they allow high-tech growing ecosystem that includes the device makers, content providers and cloud, application developers, customers, and more. Over the last few years, American high-tech industry has given birth to innovate with unprecedented speed, and this combination will accelerate the ongoing growth. " ATT
Tags : att wireless, att uverse, tmobile, att buys tmobile, at t
