AT&T Buys T-Mobile
There will be one less nationwide wireless carrier in the marketplace as AT&T buys T-Mobile from German company Deutsche Telekom for $39 billion.
This will now only leave the U.S with three nationwide carriers, AT&T, Verizon and Nextel and will spark a round of debates as regulators work out the impact that this acquisition will have on other communication companies as well as consumers. At&t will now be the largest wireless carrier in the nation.
There may be a problem for T-mobile customers in the future as T-mobile has been know to carry some of the most economical wireless plans. When their contracts expire these previous T-Mobile customers may see their wireless rates increase.
The acquisition would give AT&T additional leverage against its main rival, Verizon. The newly combined company, bringing together AT&T’s 95.5 million wireless subscribers with T-Mobile’s 33.7 million customers, would account for roughly 42 percent of all wireless subscribers in the United States. Verizon has around 31 percent.T-Mobile customers would have the option to buy an iPhone, helping AT&T compete with its rival Verizon who now also have the option of buying the device.
The deal requires approval from both the Justice Department and the Federal Communications Commission.
- Absolute Web announced as the ‘Top Web Design Company’ in Florida by DesignRush
- 2020 Ecommerce Conferences to Attend
- B2B Marketplace DesignRush Ranks Absolute Web as ‘Top 29 Florida Web Design Companies of 2019’
- Absolute Web Named 2019 UpCity Local Excellence Award Winner in Miami
B2B Marketplace DesignRush Ranks Absolute Web as ‘Top 29 Florida…
Absolute Web Named 2019 UpCity Local Excellence Award Winner in Miami Absolute…
You may have heard about the influencer hating ice cream…