AT&T Surges on $39 Billion T-Mobile Bid
It would seem the entire web is ablaze over the news that AT&T wants to buy T-Mobile. Personally I think it is a good move but as with any high profile buy-out you will have haters. The most vocal of these are "the beautiful people" on Facebook who no doubt are upset by change, or have some deep rooted hatred with AT&T.
The deal would allow AT&T, now the second-largest U.S. wireless operator, to add about 34 million customers and surpass Verizon Wireless. The acquisition may face government scrutiny because it combines the second- and fourth-largest wireless providers, reducing consumer choice. Though regulatory approval may take a year, cost savings and revenue gains could total $3 billion a year, Dallas-based AT&T said.
One thing is certain. If this deal goes thru AT&T will be one of the largest wireless providers based on subscriber stats. Will that improve quality? Not likely. Will it stop people from complaining about their wireless service provider like everything is their fault? Nope, people love to complain about everything. In fact, the only thing this will do is increase coverage for T-Mobile customers and make operations cheaper for AT&T.
Related Web URL: http://www.bloomberg.com/news/2011-03-20/at-t-agre...
