The girl in the pink dress just found out she’s been mocking her new boss.
AT&T just announced a deal to buy T-Mobile USA from Deutsche Telekom in a cash and stock deal worth $39 billion.
The deal would make AT&T the nation’s largest wireless carrier by a wide margin, so it will probably face significant government scrutiny, and AT&T could have to make some big concessions.
Or the deal could be blocked completely — last year was the first year that the FCC did not conclude the U.S. wireless industry was “competitive.” The companies expect the deal to close in “approximately 12 months” — a long time.
Join the conversation as a VIP Member