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AT&T is buying T-Mobile USA. What does that mean for you?
AT&T
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You've probably seen those T-Mobile commercials where the network is personified as a smart young woman who reacts with cheerful pity to the doofusy bald middle-aged man who represents AT&T. Apparently, AT&T didn't take such mockery too hard because they're getting ready to write T-Mobile's parent company a check for $39 billion and acquire the company (or maybe they were so consumed with rage that they just had to obliterate T-Mobile).
So what is AT&T getting for its money? According to Molly Wood, executive editor at CNET.com, they're getting infrastructure, bandwidth, and customers. It's a quick way to expand their company and their reach as their battle against Verizon continues. There have been rumors in recent weeks that Sprint may have been on the verge of acquiring T-Mobile USA and at least AT&T won't have to worry about that anymore.
Molly says if you're a T-Mobile customer your bill may be going up and we can all expect to see more AT&T exclusive phones down the road. But there are a lot of regulatory hurdles to clear and it may be months before this deal is approved.
Also in this program, NASA's idea to shoot lasers at space junk.
Alex: How much is ATT paying you to anonymously spread this disinformation?
Mergers and acquisitions always result in higher prices and poor service. If you don't believe that, you don't believe in capitalism.
The whole purpose of this merger is for ATT to get rid of a low cost service provider. It's to buy up a competitor just to shut them down.
This is very interesting and striking news about both giant companies in the telecommunication field. I think this deal would be beneficial for users because consumer will be facilitating with the best features and services of both big companies. This merge ration will enhance the work capacity and high the level of services as well.dailytrader.com
