"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." READ MORE...
UPDATE:
'T-Mobile has released some new information for their customers. T-Mobile will still remain “T-Mobile” and will be an independent company. Your billing will also remain exactly how it is today and T-Mobile will be your biller.
T-Mobile USA remains an independent company. The acquisition is expected to be completed in approximately 12 months. We do not offer the iPhone. We offer cutting edge devices like the Samsung Galaxy S 4G and coming soon our new Sidekick 4G."
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