AT&T announced on Sunday that it had agreed to buy T-Mobile USA from Deutsche Telekom for $39 billion, in a deal that would create the largest wireless carrier in the nation and promised to reshape the industry.
The transaction, one of the largest since the onset of the financial crisis, is expected to start a fierce battle in Washington as regulators scrutinize the effect of the deal on competition and consumers. The deal would leave just three major cellular companies in the country: AT&T, Verizon and the much smaller Sprint Nextel.
Some critics denounced the merger within hours of its announcement, saying it would most likely lead to higher prices. T-Mobile had offered some of the lowest rates in the country, keeping pressure on competitors. While AT&T is expected to honor current contracts, T-Mobile customers may have to pay higher rates once those contracts expire.
Lmao America is going to start to rival Canada for worst telecoms industry in the world. I just can't...every one of you will be boned by the telecom giants - Verizon and the new Mega-AT&T are going to abuse the American consumers to no end and nobody will be able to stop them.
Lmao America is going to start to rival Canada for worst telecoms industry in the world. I just can't...every one of you will be boned by the telecom giants - Verizon and the new Mega-AT&T are going to abuse the American consumers to no end and nobody will be able to stop them.