AT&T-Mobile: AT&T buys T-Mobile USA for $39B

The national mobile carrier choices for US consumers will decrease by one if the purchase of Deutsche Telecom AG's U.S. T-Mobile unit by AT&T (T) passes regulatory hurdles.  The $39 billion deal, announced ahead of a major wireless conference in Orlando tomorrow, would create the nation's largest wireless carrier and drop the big US mobile carriers to just three.


SOURCE: CNN Money