Operator wars in United States are about to get exciting as AT&T has announced to take over T-Mobile USA. T-Mobile USA which was owned by Deutsche Telekom will be sold to AT&T for a cash and stock valued at US$39 billion.
AT&T deems an acquisition of another network will help them expand their capacity sooner and also give an opportunity to improve call quality. AT&T has also confirmed to expand its 4G LTE footprint in US to reach almost 95 percent of the population.
This is what Randall Stephenson, AT&T Chairman and CEO had to say.
“This transaction represents a major commitment to strengthen and expand critical infrastructure for our nation’s future. 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.”
[Via MobilizeEverything]
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