AT&T to buy T-Mobile USA from Deutsche Telekom for $39 billion
AT&T to acquire T-Mobile USA from Deutsche Telekom to resolve impending spectrum exhaust challenges in key mobile markets due to explosive demand for mobile broadband. The AT&T buyout will enhance wireless network capacity, output and quality in near term for both companies’ customers. Additionally, AT&T will expand 4G LTE deployment to an additional 46.5 million Americans, including in rural, smaller communities, for a total of 294 million or 95% of the U.S. Population. Currently AT&T provides 4G LTE service for T-Mobile USA’s 34 Million Subscribers. More than $8 billion in incremental infrastructure spend by a U.S. company over 7 years enabling nation’s high-tech industry, innovation and economic growth.