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AT$T To Buy T-Mobile USA In Cash-and-Stock Deal Valued At $39 Billion

Following is a statement by CWA President Larry Cohen on the planned acquisition of T-Mobile USA by AT&T: "Today’s announcement of the acquisition of T-Mobile USA by AT&T is a victory for broadband proponents in both the U.S. and Germany. For the U.S., it means that T-Mobile customers will get quick access to the AT&T network, soon to include LTE or data speeds of at least 10 megabits downstream. More important, as part of the deal, AT&T is committing to build out to nearly every part of the U.S. within six years. Both AT&T and T-Mobile use GSM technology so there will be the immediate benefit of shared spectrum. Other reported deals involving T-Mobile would have joined incompatible networks; not only would that have forced a rebuild but would have required new phones for T- Mobile customers." Download complete statement by clicking MORE below:

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