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

Mar 20, 2011 21:26

http://tech.fortune.cnn.com/2011/03/20/att-mobile-att-buys-t-mobile-usa/?hpt=T2

"The good news: high-speed mobile broadband service will improve in quality and coverage, including - in the long run - those in rural communities outside the reach of terrestrial broadband today. The bad news: the cost of that service won't come down nearly as fast as customers would like, since AT&T and Verizon Wireless combined would own nearly three out of every four wireless subscriptions in the US. While clearly troublesome for Sprint and other mobile smaller mobile competitors, It's also bad news for cable operators, whose incipient mobility products will suffer in comparison to what AT&T and Verizon can offer.""

Interesting.

news

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