AT&T Inc struck a $39 billion cash-and-stock transaction to buy Deutsche Telekom AG's T-Mobile USA, creating a new industry leader, that would overtake Verizon Wireless in customer numbers.
The deal, announced Sunday, will give AT&T, the No. 2 U.S. mobile service much needed spectrum, or wireless airwaves, to deliver surges in video, games and entertainment to devices such as Apple Inc's iPhone and iPad tablet computers.
I've been with T-Mobile for 13 years (!) and have generally been happy with their service - including THE SERVICE I RECEIVED JUST A FEW HOURS AGO. All I hear about AT&T is how badly they suck. Oy.