AT&T to buy T-Mobile USA for $39 billion

AT&T Inc. says it will buy T-Mobile USA from Deutsche Telekom in a cash-and-stock deal valued at $39 billion.

The Associated Press
In this Jan. 25, 2007 file photo, the AT&T Michigan headquarters is shown in Detroit. AT&T Inc. on Sunday, March 20, 2011 said it will buy T-Mobile USA from Deutsche Telekom AG in a cash-and-stock deal valued at $39 billion, becoming the largest cellphone company in the U.S.

DALLAS (AP) -- AT&T Inc. says it will buy T-Mobile USA from Deutsche Telekom in a cash-and-stock deal valued at $39 billion.

T-Mobile is the fourth-largest wireless carrier in the United States.

(Copyright 2011 by The Associated Press. All Rights Reserved.)


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