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: http://www.businessinsider.com/att-buying-t-mobile-usa-in-39-billion-deal-2011-3#ixzz1HCKp1IMv
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