Monday, 21 March 2011

AT&T to buy T-Mobile USA From Deutsche Telekom


Just days after rumors AT&T Inc. has signed an agreement with Deutsche Telekom AG to purchase T-Mobile USA in a cash-and-stock deal worth about $39 billion, the companies announced Sunday.

AT&T Inc.and Deutsche Telekom AG  today announced that they have entered into a definitive agreement under which AT&T will acquire T-Mobile USA from Deutsche Telekom in a cash-and-stock transaction currently valued at approximately $39 billion. The agreement has been approved by the Boards of Directors of both companies.The agreement has been approved by the Boards of Directors of both companies.

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