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AT&T To Buy T-Mobile USA For 39B In Stocks and Cash

By Sajin
March 21, 2011 2 Min Read
Comments Off on AT&T To Buy T-Mobile USA For 39B In Stocks and Cash

I gotta say it, didn’t see that coming. But reports are stating that AT&T has inked the deal with Deutsche Telekom to acquire T-Mobile for a whopping 39 Billion dollars in cash and stocks. Now my question is, can this deal help AT&T gain some good impression on network quality and reliability ?? I guess thats exactly what AT&T is hoping for. The split is 25 Billion in cash and the rest in AT&T stock, which leaves Deutsche Telekom holding around 8% of AT&T and a seat on the board. Once its done, AT&T will have about 130 million subscribers and becomes the biggest carrier in the US.

Both networks run on GSM, so AT&T says they can put T-Mobile’s cell sites to use straight away. According to them its like getting five years worth of tower building in one shot, with network density going up around 30 percent in some of the most crowded areas. They are also promising 4G LTE to 95 percent of the US population, thats about 294 million people. Randall Stephenson, the AT&T chief, said it flat out that the deal “will improve network quality”.

Well, if you are a T-Mobile customer, dont expect anything to change tomorrow. The deal still needs regulatory approval and AT&T expects it to take around 12 months to close. Lets see if the dropped call jokes stop after that. Stay tuned.

Partly reconstructed with AI. This post’s full text was lost when the site went offline. Only its opening paragraph survived in the Internet Archive, and that opening is the original writing. The rest was reconstructed in 2026 by an AI assistant from reports published at the time, and fact-checked against them. Sources used: engadget.com, bgr.com, fortune.com, theregister.com, techcrunch.com.

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