AT&T to Aquire T-Mobile USA from Deutsche Telecom

The Germans are buying the New York Stock Exchange but sell poor little T-mobile? I guess they know were the real money is these days.


AT&T Inc. (NYSE: T) and Deutsche Telekom AG (FWB: DTE) 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.

AT&T