AT&T Buys T-Mobile

Big surprise here. Just a few weeks ago rumors were floating about Sprint buying Tmobile and now it’s AT&T. I’m not sure what to think. But since my family uses Tmobile I’ll have a chance to find out

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.