
AT&T to acquire T-Mobile USA for $39 billion
The deal should allow AT&T to add network capacity sooner than any alternative, the companies said in a statement. The acquisition will as well allow AT&T to bring LTE (Long Term Evolution, latest standard in the mobile network technology) research to T-Mobile clients, according to the statement.
"This transaction delivers significant customer, shareowner and public benefits that are available at this level only from the combination of these two companies with complementary network technologies, spectrum positions and operations," said Randall Stephenson, AT&T Chairman and CEO.
The deal calls for Deutsche Telekom to receive an approximatey 8 percent equity stake in AT&T. The boards of directors of the companies have approved the deal.
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Companies are making the switch from Lotus Notes/Domino to Google Apps. There's a smarter, secure, collaborative way to work. Cloudbased messaging and collaboration apps help businesses increase productivity during simplifying IT and reducing costs.
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