Yesterday we reported that AT&T withdrew its plans to acquire T-Mobile, due to heavy opposition from the government. Well it looks like the T-Mobile won’t be coming out empty-handed from the unsuccessful deal. According to reports online, Deutsche Telekom, the parent company of T-Mobile will be getting a $3 billion cash payout from AT&T. In addition to the money, T-Mobile USA will be getting some of AT&T’s AWS spectrum – more radio real estate to broadcast a signal, and a roaming agreement with AT&T’s own network.
I guess this concludes the tale of AT&T’s attempt to monopolize the US carrier market. No word on what both companies’ plans are (both of them seemed like they were banking on the deal being successful) but it looks like consumers in the US won’t have to be one carrier short any more.
- 2014-04-14: T-Mobile Abolishes Consumer Overages
- 2014-04-14: T-Mobile CEO Reveals Gold Samsung Galaxy S5
- 2014-04-13: Nokia Monarch Could Be T-Mobile's Lumia 635
- 2014-04-11: T-Mobile Offering BlackBerry Users $200 To "Upgrade" To Samsung
- 2014-04-10: T-Mobile Announces Operation Tablet Freedom
- 2011-12-13: AT&T, T-Mobile to postpone court proceedings for a month
- 2011-11-29: AT&T could divest T-Mobile assets to Leap Wireless to gain FCC approval
- 2011-11-25: AT&T withdraws FCC approval application for T-Mobile merger
- 2011-10-21: MetroPCS said to be frontrunner in buying AT&T's assets
- 2011-09-23: Sprint CEO hints at acquiring T-Mobile