Tuesday, March 22, 2011 8:10:00 AM by MobileDekho Team
T Mobile USA- the fourth largest wireless carrier in the US - has been sold out to AT&T for 39 billion dollars. Both the world majors use different 3G frequencies and works at same GSM networks. Out of 39 billion dollar, 25 billion dollars will be paid in cash and rest 14 billion dollar will be acquired in AT&T stocks. However, the deal will be ended within 12 months time period. T Mobile USA and AT&T are the most popular and big network providers in the USA that have a large group of customers. After this deal a big profit would be there for the new owner that includes 46.5 million customers almost 130 million customers would be included in the venture as against LTE coverage of 294 million customers. It will also decrease the competition in the market and AT&T will be the clear winner.