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Posted by on Mar 20, 2011 in handheld and phones, tech news | 0 comments

AT&T To Buy T-Mobile For $39 B

AT&T the 2nd largest wireless company has agreeed to buy T-Mobile USA the 4th largest, from Germany phone company Deutsche Telekom.  The $39 billion cash and stock option agreement has been approved by both boards.

T-Mobile customers will have access to AT&T product line including the iPhone.

This acquistion would give AT&T 129 million subscribers, this would bypass Verizon’s 101.1 subscribers to make AT&T the largerst U.S. cellphone company.