Home

Share this Story

AT&T set to buy T-Mobile USA for $39 billion

After what was otherwise a slow weekend, a major bombshell has dropped in American telecom news: AT&T and Deutche Telekom has just entered into an agreement that arranges the purchase of T-Mobile USA for a stunning $39 billion. AT&T’s combined user base will swell to approximately 130 million users after the requisite bureaucracy time, which is estimated to take one year.

Full press release after the break.  

AT&T TO ACQUIRE T-MOBILE USA FROM DEUTSCHE TELEKOM

Provides fast, efficient and certain solution to impending spectrum exhaust challenges facing AT&T and T-Mobile USA in key markets due to explosive demand for mobile broadband

Enhances network capacity, output and quality in near term for both companies’ customers

AT&T commits to 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

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 seven years, enabling nation’s high-tech industry, innovation and economic growth

Creates substantial value for AT&T shareholders through large, straightforward synergies

DALLAS, TEXAS AND BONN, GERMANY — March 20, 2011— AT&T Inc. (NYSE: T) and Deutsche Telekom AG (FWB: DTE) today announced that they have entered into a definitive agreement under which AT&T will acquire T-Mobile USA from Deutsche Telekom in a cash-and-stock transaction currently valued at approximately $39 billion. The agreement has been approved by the Boards of Directors of both companies.

AT&T’s acquisition of T-Mobile USA provides an optimal combination of network assets to add capacity sooner than any alternative, and it provides an opportunity to improve network quality in the near term for both companies’ customers. In addition, it provides a fast, efficient and certain solution to the impending exhaustion of wireless spectrum in some markets, which limits both companies’ ability to meet the ongoing explosive demand for mobile broadband.

With this transaction, AT&T commits to a significant expansion of robust 4G LTE (Long Term Evolution) deployment to 95 percent of the U.S. population to reach an additional 46.5 million Americans beyond current plans – including rural communities and small towns. This helps achieve the Federal Communications Commission (FCC) and President Obama’s goals to connect “every part of America to the digital age.” T-Mobile USA does not have a clear path to delivering LTE.

“This transaction represents a major commitment to strengthen and expand critical infrastructure for our nation’s future,” said Randall Stephenson, AT&T Chairman and CEO. “It will improve network quality, and it will bring advanced LTE capabilities to more than 294 million people. Mobile broadband networks drive economic opportunity everywhere, and they enable the expanding high-tech ecosystem that includes device makers, cloud and content providers, app developers, customers, and more. During the past few years, America’s high-tech industry has delivered innovation at unprecedented speed, and this combination will accelerate its continued growth.”

Stephenson continued, “This transaction delivers significant customer, shareowner and public benefits that are available at this level only from the combination of these two companies with complementary network technologies, spectrum positions and operations. We are confident in our ability to execute a seamless integration, and with additional spectrum and network capabilities, we can better meet our customers’ current demands, build for the future and help achieve the President’s goals for a high-speed, wirelessly connected America.”

Deutsche Telekom Chairman and CEO René Obermann said, “After evaluating strategic options for T-Mobile USA, I am confident that AT&T is the best partner for our customers, shareholders and the mobile broadband ecosystem. Our common network technology makes this a logical combination and provides an efficient path to gaining the spectrum and network assets needed to provide T-Mobile customers with 4G LTE and the best devices. Also, the transaction returns significant value to Deutsche Telekom shareholders and allows us to retain exposure to the U.S. market.”

As part of the transaction, Deutsche Telekom will receive an equity stake in AT&T that, based on the terms of the agreement, would give Deutsche Telekom an ownership interest in AT&T of approximately 8 percent. A Deutsche Telekom representative will join the AT&T Board of Directors.

Competition and Pricing
The U.S. wireless industry is one of the most fiercely competitive markets in the world and will remain so after this deal. The U.S. is one of the few countries in the world where a large majority of consumers can choose from five or more wireless providers in their local market. For example, in 18 of the top 20 U.S. local markets, there are five or more providers. Local market competition is escalating among larger carriers, low-cost carriers and several regional wireless players with nationwide service plans. This intense competition is only increasing with the build-out of new 4G networks and the emergence of new market entrants.

The competitiveness of the market has directly benefited consumers. A 2010 report from the U.S. General Accounting Office (GAO) states the overall average price (adjusted for inflation) for wireless services declined 50 percent from 1999 to 2009, during a period which saw five major wireless mergers.

Addresses wireless spectrum challenges facing AT&T, T-Mobile USA, their customers, and U.S. policymakers
This transaction quickly provides the spectrum and network efficiencies necessary for AT&T to address impending spectrum exhaust in key markets driven by the exponential growth in mobile broadband traffic on its network. AT&T’s mobile data traffic grew 8,000 percent over the past four years and by 2015 it is expected to be eight to 10 times what it was in 2010. Put another way, all of the mobile traffic volume AT&T carried during 2010 is estimated to be carried in just the first six to seven weeks of 2015. Because AT&T has led the U.S. in smartphones, tablets and e-readers – and as a result, mobile broadband – it requires additional spectrum before new spectrum will become available. In the long term, the entire industry will need additional spectrum to address the explosive growth in demand for mobile broadband.

Improves service quality for U.S. wireless customers
AT&T and T-Mobile USA customers will see service improvements – including improved voice quality – as a result of additional spectrum, increased cell tower density and broader network infrastructure. At closing, AT&T will immediately gain cell sites equivalent to what would have taken on average five years to build without the transaction, and double that in some markets. The combination will increase AT&T’s network density by approximately 30 percent in some of its most populated areas, while avoiding the need to construct additional cell towers. This transaction will increase spectrum efficiency to increase capacity and output, which not only improves service, but is also the best way to ensure competitive prices and services in a market where demand is extremely high and spectrum is in short supply.

Expands 4G LTE deployment to 95 percent of U.S. population – urban and rural areas
This transaction will directly benefit an additional 46.5 million Americans – equivalent to the combined populations of the states of New York and Texas – who will, as a result of this combination, have access to AT&T’s latest 4G LTE technology. In terms of area covered, the transaction enables 4G LTE deployment to an additional 1.2 million square miles, equivalent to 4.5 times the size of the state of Texas. Rural and smaller communities will substantially benefit from the expansion of 4G LTE deployment, increasing the competitiveness of the businesses and entrepreneurs in these areas.

Increases AT&T’s investment in the U.S.
The acquisition will increase AT&T’s infrastructure investment in the U.S. by more than $8 billion over seven years. Expansion of AT&T’s 4G LTE network is an important foundation for the next wave of innovation and growth in mobile broadband, ensuring the U.S. continues to lead the world in wireless technology and availability. It makes T-Mobile USA, currently a German-owned U.S. telecom network, part of a U.S.-based company.

An impressive, combined workforce
Bringing AT&T and T-Mobile USA together will create an impressive workforce that is best positioned to compete in today’s global economy. Post-closing, AT&T intends to tap into the significant knowledge and expertise held by employees of both AT&T and T-Mobile USA to succeed. AT&T is the only major U.S. wireless company with a union workforce, offering leading wages, benefits, training and development for employees. The combined company will continue to have a strong employee and operations base in the Seattle area.

Consistent with AT&T’s track record of value-enhancing acquisitions
AT&T has a strong track record of executing value-enhancing acquisitions and expects to create substantial value for shareholders through large, straightforward synergies with a run rate of more than $3 billion, three years after closing onward (excluding integration costs). The value of the synergies is expected to exceed the purchase price of $39 billion. Revenue synergies come from opportunities to increase smartphone penetration and data average revenue per user, with cost savings coming from network efficiencies, subscriber and support savings, reduced churn and avoided capital and spectrum expenditures.

The transaction will enhance margin potential and improve the company’s long-term revenue growth potential as it benefits from a more robust mobile broadband platform for new services.

Additional financial information
The $39 billion purchase price will include a cash payment of $25 billion with the balance to be paid using AT&T common stock, subject to adjustment. AT&T has the right to increase the cash portion of the purchase price by up to $4.2 billion with a corresponding reduction in the stock component, so long as Deutsche Telekom receives at least a 5 percent equity ownership interest in AT&T.

The number of AT&T shares issued will be based on the AT&T share price during the 30-day period prior to closing, subject to a 7.5 percent collar; there is a one-year lock-up period during which Deutsche Telekom cannot sell shares.

The cash portion of the purchase price will be financed with new debt and cash on AT&T’s balance sheet. AT&T has an 18-month commitment for a one-year unsecured bridge term facility underwritten by J.P. Morgan for $20 billion. AT&T assumes no debt from T-Mobile USA or Deutsche Telekom and continues to have a strong balance sheet.

The transaction is expected to be earnings (excluding non-cash amortization and integration costs) accretive in the third year after closing. Pro-forma for 2010, this transaction increases AT&T’s total wireless revenues from $58.5 billion to nearly $80 billion, and increases the percentage of AT&T’s total revenues from wireless, wireline data and managed services to approximately 80 percent.

This transaction will allow for sufficient cash flow to support AT&T’s dividend. AT&T has increased its dividend for 27 consecutive years, a matter decided by AT&T’s Board of Directors.

Conditions
The acquisition is subject to regulatory approvals, a reverse breakup fee in certain circumstances, and other customary regulatory and other closing conditions. The transaction is expected to close in approximately 12 months.

Advisors
Greenhill & Co., J.P. Morgan and Evercore Partners acted as financial advisors and Sullivan & Cromwell LLP, Arnold & Porter, and Crowell & Moring provided legal advice to AT&T.

Conference Call/Webcast
On Monday, March 21, 2011, at 8 a.m. ET, AT&T Inc. will host a live video and audio webcast presentation regarding its announcement to acquire T-Mobile USA. Links to the webcast and accompanying documents will be available on AT&T’s Investor Relations website. Please log in 15 minutes ahead of time to test your browser and register for the call.

For dial-in access, please dial +1 (888) 517-2464 within the U.S. or +1 (630) 827-6816 outside the U.S. after 7:30 a.m. ET. Enter passcode 8442095# to join or ask the conference call operator for the AT&T Investor Relations event.

The webcast will be available for replay on AT&T’s Investor Relations website on March 21, 2011, starting at 12:30 p.m. ET through April 21, 2011. An archive of the conference call will also be available during this time period. To access the recording, please dial +1 (877) 870-5176 within the U.S. or +1 (858) 384-5517 outside the U.S. and enter reservation code 29362481#.

Transaction Website
For more information on the transaction, including background information and factsheets, visit www.MobilizeEverything.com.

  • LMAO

    Haha T-Mobile sucks. It just got gobbled by At&t. Maybe two losers together will make a bigger loser. hahahhahaha

  • http://www.droidaccessories.org Droid

    Some are saying this means higher prices? How does this correlate into higher prices? Possibly for new AT&T customers but if you already have an AT&T account you are pretty much locked in. I had the same rate for almost 10 years on my old phone. Obviously it went up when I got my droid due to data fees. As long as service and coverage isn’t adversely affected I don’t see what the big deal is. Mergers happen all the time.

  • BareMikepaw

    I started a site to help others find their way around their iPhone and Androids mobile phones.Thanks for your good information. Go to iphone droid apps.com

  • Steelertown PO

    So a crap company+ a crap company= a crapcrap company?

  • Anonymous

    Not very great news. Only positive I can think of for T-Mobile customers are a possible roaming agreement to boast their coverage (which would turn it from absolute crap to just pretty bad). They don’t even get the iPhone out of it.

  • jawnah

    Reminiscent of the AT&T and Cingular deal. If I recall, that created the nation’s largest wireless carrier. In addition, because both carriers had such a bad customer service record, they created the most unhappy customer base in the nation (as far as wireless carriers was concerned). Let’s see where this one goes.

  • DM

    LOL, The two worst wireless carrier merge together to be THE WORST OF ALL TIME…. With a 4G network that is not TRUE….. Drop calls, no reception, no signal, expensive for what they offer… This is a jump for Verizon!!

  • Mr Carteratl

    Damn so that means at&t will get the google nexus every year……

  • http://twitter.com/icecolddemon Phil Oakley

    For the UK, this is a good deal, because T-Mobile UK will get more AT&Tention.

  • http://twitter.com/icecolddemon Phil Oakley

    For the UK, this is a good deal, because T-Mobile UK will get more AT&Tention.

    • Anonymous

      How’s that? Only T-Mobile US is being sold. T-Mobile UK is still going to owned by the Germany company.

  • Mth2134

    So much for the tmo commercials bashing att’s slow network. Bye bye big ear girl.

  • BE9NY

    RUN T-MOBILE CUSTOMERS. RUNNNNNN…..

  • Anonymous

    I think this is a clear sign that the world may come to an end in 2012. -_-

  • Anonymous

    This is like the worse thing that has ever happened

    • Anonymous

      ever

      • Anonymous

        like seriously

        • Anonymous

          this was the worst case scenario

          • Anonymous

            *Preforms Suicide*

          • Hoot352

            Dual personality? Replying to yourself and liking your own comments…….well alright…haha

    • Anonymous

      Yeah, this is horrible. Worse than an earthquake that kills thousands of people, and damages half a country, leading to nuclear meltdown.

      That’s sarcasm, for those who are kind of dense.

  • AdamT

    NOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • Anonymous

    great now AT&T is going to be a monopoly again!!!!

  • Buckgrad

    SO glad they are not trying to buy Verizon! Sorry, T-Mobile people…good luck.

  • techcruncher

    so if you want gsm, now AT&T will charge you however much they want?

  • http://twitter.com/Ayk07 Ayk Airapetyan

    i used to be a verizon costumer and now been t mobile and it has better service where i live plus unlimited 4g data so i hope at&t keeps the unlimited data plans and the towers from t mobile will help them a lot.

    • Mr Carteratl

      keep hoping cause it aint happening

    • Anonymous

      As soon as your T-Mobile contract is up, sooner if AT&T can get away with it, they’ll cap us at 5gb. And no more free tethering. We’ll get double charged for the data we’re already paying for.

  • http://thisisjohncoffey.com GRAND MASTER SEN$Ei {{-_-}}™

    Soon as Verizon buys out Sprint, it will be bloods vs. crips again. Goodbye, competition. {{v_v}}

    • http://www.google.com/profiles/107430353005607798966 KiriusKris

      The feds might not allow this merger and most likely wouldn’t allow that. Verizon will probably try to buy more regional carriers like US Cellular.

  • Anonymous

    So, what happens to the T-Mobile girl? Does she become the AT&T&T-Mobile girl?

    • Mr. Orange 645

      It will put an interesting spin on the popular “I’m a T-Mobile 4G v. I’m an AT&T iPhone” commercials. Will she now have the guy in the suit clinging to her back, slowing her down as well now?

      • jimmyslick

        Photoshop, anyone?

    • http://thisisjohncoffey.com GRAND MASTER SEN$Ei {{-_-}}™

      Nah, that creepy old dude just has her on a leash like “Now I own you!” {{-_-}}

    • Anonymous

      I always thought she and the iPhone guy would get married when T-Mobile got the iPhone. Now it looks like she’s going to marry the AT&T guy.

  • Mr. Steve
  • http://twitter.com/TuxDotKing Avichi Suite

    This is terrible. Say hello to higher prices and less freedom than ever.

    I wonder what will happen to the Nexus brand now?

  • Tyler Piercy

    Dan Hesse just shit his pants.

    • Anonymous

      Either that or he’s thinking of all the T-Mobile customers that are going to be jumping ship and won’t want to settle for Verizon.

  • Anonymous

    Great…

  • http://twitter.com/JasonAGrier Jason A. Grier

    Sucks hard core! — two major companies like this sucks no matter what.

    Hello higher prices for AT&T users though! And goodbye GSM competition

  • djjsin

    How is this possible with all the money at&t is losing. I say losing money because why else would they be implementing all the data usage caps?

    • Anonymous

      They’re not losing money. They just want to make more money.

  • FortitudineVincimus

    so take the phone company with the worst customer service and phone service record and mix it with the company that has some of the worst copy cat commercials and a small user base and you get = a bigger POS company

  • Anonymous

    Ok so now verizon plus sprint = kills att mobile. lol

  • http://pulse.yahoo.com/_IRXQUPRGYT353VRYHBW35SFHBM dustin

    ok,
    1, does this mean my at&t phone will get t-mobile 3g in areas where i dont get at&t 3g?(like kzoo) and…
    2. does this mean i can buy a used t-mobile phone and use on my current at&t family plan?

    • Mr. Orange 645

      1. I’m not sure.
      2. I doubt it. When Verizon bought Alltel, you could keep you’re Alltel “Legacy” plan, and use Verizon-branded equipment on it, but you could not get a Verizon plan and use your old Alltel-branded equipment. It was likely possibly, technically, but probably just a way to get customers to buy new phones from Verizon. They also offered early upgrades (they did to me anyway) to switch to a Verizon plan and get new Verizon phone.

  • Sesawyer3127

    This kind of makes the squabbles between Apple and Android pale in comparison. If this happens then AT&T will rules the cell phone market and crappy service will be felt by all. Always amazes me how a company will not spend any money on improving the level of service but will instead spend 39 billion on monopolizing the market.

    • Nxus1ne

      did it ever occur to you that maybe by them buying t-mobile, they’re buying the towers too?

      • Sesawyer3127

        what does that have to do with the level of service that they provided prior to the merger? And how they have never did anything to improve upon that?

        • Eddieg28sp

          I agree T-mobile sucks, so i dont see this move being a push in the forwarding of Att and their crappy service. Its just a way for Att to raise their rates. T-mobile ppl are f-kd, goodbye cheap family plans.

      • Anonymous

        T-Mobile has almost no towers in rural areas. AT&T will get additional towers in the big cities where their service is lousy, but it won’t add service where they don’t already have service.

  • Anonymous

    What does this have to do with Droid?

    • Sesawyer3127

      It very much affects droid and i applaud (believe it or not) droid life for publishing it.

    • Sesawyer3127

      It very much affects droid and i applaud (believe it or not) droid life for publishing it.

    • Chad

      Shut the hell up!!!

      • Anonymous

        Don’t be so butt-hurt.

    • Anonymous

      If you don’t understand there isn’t much we can do to explain. Because you wouldn’t understand that either.

    • Hoot352

      It has everything to do with Droid in what kind of service you get through your droid phone carrier.

  • Anonymous

    Long Live Verizon!

    • Cayroalex

      Yes! VERIZON!!! FTW

    • http://thisisjohncoffey.com GRAND MASTER SEN$Ei {{-_-}}™

      You won’t be saying that in a minute. {{v_v}}

  • Nxus1ne

    an.droid-life?

    • FortitudineVincimus

      hmm.. what’s that???

      ;)

    • Mr.Joe

      I know WTF? According to what Kellex told me droid life is for vzw android stuff. Or vzw stuff that would concern android users.

      Please Kellex tell me how this is related to android users on verizon?

      • Eric

        Kellex bitched the same thing to me. He won’t answer anyone about it cuz he is being a big baby about it. Just get rid of the site for god sake.

    • Anonymous

      an.droid-life is dead. The last article on it was mid-February.

    • Anonymous

      an.droid-life is dead. The last article on it was mid-February.

  • Droid1294

    Now verizon will have to buy sprint

  • Daniel Archibald33

    Who really cares, both companies suck anyway!! Verizon is the best already and has the only true 4G anyway!!

    • Cayralex

      Amen!

    • http://www.twitter.com/dailydroidapp AndroFan
      • Jroc869

        yep the true definition of 4g doesnt describe anything that any US carrier has going right now.

      • Anonymous

        go get a life if you think any world carrier does…or will by 2012

      • http://thisisjohncoffey.com GRAND MASTER SEN$Ei {{-_-}}™

        Nope, just better 4G than anyone else in America. {{-_-}}

      • Anonymous

        By whose standard? Some idiots in Europe? If it’s twice as fast as 3g, that sounds like 4g to me.

        • http://www.twitter.com/dailydroidapp AndroFan

          Wait…what? Do you have any idea how the standardization process works, and why there’s a fixed, set, universally agreed-upon definition of the standard? It’s not “some idiots in Europe” – it’s a universally agreed-on, standard setting authority.

          If you don’t buy into any idea of standardization of terms and speeds, I’m starting a mobile carrier you might be interested in. We actually run on a 480G OMGWTFBBQ network that has 120 times the number of “Gs” as “4G LTE”. You should check us out.

          • Droidzzz

            No I like what ToddJY said. I don’t care what it’s called, if it’s significantly faster than what I already have then you can call it 3.25G, dial-upG, farfeneugenG, etc. Sounds like you’re just arguing a dumb technicality.

      • Anonymous

        Actually the standards ITU changed it’s definition of 4G to allow LTE Wimax and HSPA+ to be called 4G.

        • http://www.twitter.com/dailydroidapp AndroFan

          Do you have a link for that? Everything I’ve seen from the standards setting orgs has maintained the 100MB+ limit for 4G listed on the wiki page.

          • Bullet Tooth Tony

            The term “4G” is undefined, they made that known a while ago. The new, defined term is IMT-Advanced… it happened in December…

            “ITU has determined that “LTE-Advanced” and “WirelessMAN-Advanced” should be accorded the official designation of IMT-Advanced. As the most advanced technologies currently defined for global wireless mobile broadband communications, IMT-Advanced is considered as “4G”, although it is recognized that this term, while undefined, may also be applied to the forerunners of these technologies, LTE and WiMax, and to other evolved 3G technologies providing a substantial level of improvement in performance and capabilities with respect to the initial third generation systems now deployed”

            Fix the link, or go to Google yourself and paste that entire quote:
            theunlockr dot com/2010/12/20/hspa-lte-and-wimax-now-officially-called-4g/#

  • Anonymous

    T Mobile was predicted to be one of the companies that wouldn’t make it in 2011, T Mobile services and customer loyalty was atroicous. I’ve seen T Mobile close left and right in the San Francisco Bay Area alone.

    Catherine Zetta Jones and all her Star power couldn’t save T Mobile, even if her husband Michael Douglas did a movie about T Mobile it would still go down as one of the worst Telcomms ever :P

  • http://pulse.yahoo.com/_I7J4Z55BLI6W3OMFGRZZFNVLQA John

    i wanted sprint to buy tmobile, at&t already has cingular. greedy bastards.

    • Jroc869

      Sprint needs to get out there and gobble up Metro

    • Anonymous

      AT&T is Cingular. They just chose the more recognizable name.

      • Flyinion

        That’s not quite correct. AT&T used to have a wireless division, it was closed down. Then AT&T decided they wanted to get back into the wireless game so they bought Cingular and changed the name to AT&T.

        • Tim242

          Nope. Cingular bought Att, then changed the name from Cingular to Att a year later. I worked there during the transition in 2004.

        • Me

          You are not quite correct. Cingular purchased AT&T’s wireless devision. They switching back to the AT&T name for branding.

        • Me

          You are not quite correct. Cingular purchased AT&T’s wireless devision. They switching back to the AT&T name for branding.

        • Me

          You are not quite correct. Cingular purchased AT&T’s wireless devision. They switching back to the AT&T name for branding.

        • Me

          You are not quite correct. Cingular purchased AT&T’s wireless devision. They switching back to the AT&T name for branding.

        • Me

          You are not quite correct. Cingular purchased AT&T’s wireless devision. They switching back to the AT&T name for branding.

        • Me

          You are not quite correct. Cingular purchased AT&T’s wireless devision. They switching back to the AT&T name for branding.

        • Me

          You are not quite correct. Cingular purchased AT&T’s wireless devision. They switching back to the AT&T name for branding.

        • Me

          You are not quite correct. Cingular purchased AT&T’s wireless devision. They switching back to the AT&T name for branding.

        • Me

          You are not quite correct. Cingular purchased AT&T’s wireless devision. They switching back to the AT&T name for branding.

        • Kmyers621

          no cingular bought AT&T wireless from the old AT&T. AT&T non wireless was then bought by SBC and took the name at&t. cingular was a jointly owned company of at&t(SBC) and Bell South. When at&t (SBC) bought bell south then changed cingular to at&t mobility.

  • S9779

    Ok T-mobile’s network was limited but they had good plan pricing. This is a shame and will not benefit the Mobile Phone consumer at all. The American Mobile phone companies already over charge for services that cost considerably less in Europe and Asia and it will only get worse with less competition.

  • Kevin

    being a verizon customer, i don’t see why it’s a point and laugh moment. if att can sync all the new infrastructure together, it will give people more coverage, which is what has damned att for years. i’ll still stay with big red, but maybe this gives people a better choice than what’s out there.

    • Anonymous

      Naw not really TMobile’s coverage wasn’t any better than AT&T’s in the first place so they still won’t add up to Big Red’s, but if they some how bought out Sprint too then we will have a problem.

      • fartbubbler

        you would not have a “problem”, you would have actual competition. Which would benefit us all. Maybe then Big Red couldn’t just jack up the price on us whenever it feels like it, change data plan prices and arrangements, etc.

        Legitimate competition is welcomed.

        (unless you are a VZW employee???)

        • Anonymous

          Now it will be Verizon, raises their prices, and AT&T follows suit, with no worry about losing customers to the smaller carriers as there won’t be any smaller carriers. (That’s after Sprint goes bankrupt and Verizon buys some of their towers.)

        • Bullet Tooth Tony

          More competition is a bad thing in this realm. Spectrum is limited… and in order to have adequate coverage to function nationally, the players need spectrum. Unless of course you foresee a future where more spectrum magically appears out of thin air… since it is… air… waves… then it simply isn’t possible.

          The USA, Canada and Mexico are 99.9999% covered coast to coast in copper wires for landline phones for 1 reason, and 1 reason only… AT&T had a monopoly. There’s a reason why all these companies use the Bell logo. And there’s a reason why local phone service prices skyrocketed when AT&T was broken up. They were broken up to bring long distance rates down, and now long distance is free almost everywhere, and you’re left holding the bag for a higher local service. That’s a great trade-off… right?

  • http://twitter.com/TechPocket4Phon TechPocket4Phones

    Yes…T- Mobile and hello AT&T… Hahahahahahahahahahaha

  • Alex

    Muahahaha….suckers!

  • Rizzidy

    NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO