AfterDawn: Tech news

Here's what AT&T has to give up thanks to failed bid

Written by Andre Yoskowitz (Google+) @ 21 Dec 2011 3:08 User comments (11)

Here's what AT&T has to give up thanks to failed bid Earlier this week, AT&T quit its $39 billion bid for T-Mobile after government and corporate opposition would have made it almost impossible to complete the acquisition.
Because of the failed bid, AT&T will have to give money and other "goodies" to T-Mobile parent Deutsche Telekom. Today, we have more details on what the company will receive.

First, AT&T will pay a $3 billion breakup fee (the largest ever), which it will pay in the next week. Additionally, the company must agree to "a large package of mobile communications spectrum and a long-term agreement on UMTS roaming within the U.S. for T-Mobile USA, all of which is worth about $1 billion," says Cnet.

T-Mobile will get new spectrum in 128 markets, including most of the major markets including Los Angeles, Dallas, Houston, Atlanta, Washington, D.C., Boston, San Francisco, Phoenix, San Diego, Denver, Baltimore and Seattle.

On the roaming end, T-Mobile will get to roam on the AT&T network for the next 7 years.

Previous Next  

11 user comments

121.12.2011 3:19

Great news :)

For as long as T-Mobile lives, Wind Mobile will continue to pick up nice phones as well. At least until they're more major. I think that's how it works right now?

221.12.2011 5:24

This is great...I wonder if this was the plan from T-Mobile all along? It seems like they did better this way than they would have done if there was a buy-out!



321.12.2011 9:17

Originally posted by KillerBug:
This is great...I wonder if this was the plan from T-Mobile all along? It seems like they did better this way than they would have done if there was a buy-out!
+1

421.12.2011 10:12

Originally posted by KillerBug:
This is great...I wonder if this was the plan from T-Mobile all along? It seems like they did better this way than they would have done if there was a buy-out!
No kidding! I'm ecstatic, maybe now there will be a reason for my having an unlimited plan! Pretty sure AT&T has 3G unlike T-Mobile in these parts >.>

521.12.2011 12:28

Wow! Wonder why AT&T signed onto such a risky agreement in the first place.

621.12.2011 15:56

The money goes to DT not T-Mobile and DT isn't going to invest any of it in T-Mobile USA. T-Mobile is still up for sales just no other cell company will be allowed to buy them. In all odds Comcast will probably buy them to better compete with AT&T.

722.12.2011 15:30

Originally posted by Steel-Ice:
The money goes to DT not T-Mobile and DT isn't going to invest any of it in T-Mobile USA. T-Mobile is still up for sales just no other cell company will be allowed to buy them. In all odds Comcast will probably buy them to better compete with AT&T.
I hope this doesn't happen just as much as I hoped the failed merger wouldn't. I hated Comcast when I was with them, just as I hate CableOne right now; cable companies are swindling pigs.

823.12.2011 9:45

Originally posted by buxtahuda:
Originally posted by Steel-Ice:
The money goes to DT not T-Mobile and DT isn't going to invest any of it in T-Mobile USA. T-Mobile is still up for sales just no other cell company will be allowed to buy them. In all odds Comcast will probably buy them to better compete with AT&T.
I hope this doesn't happen just as much as I hoped the failed merger wouldn't. I hated Comcast when I was with them, just as I hate CableOne right now; cable companies are swindling pigs.

If Comcast is not taking T-Mobile over, Dish Network is waiting already to make an offer...

923.12.2011 11:53

Originally posted by eagleeins:
Originally posted by buxtahuda:
Originally posted by Steel-Ice:
The money goes to DT not T-Mobile and DT isn't going to invest any of it in T-Mobile USA. T-Mobile is still up for sales just no other cell company will be allowed to buy them. In all odds Comcast will probably buy them to better compete with AT&T.
I hope this doesn't happen just as much as I hoped the failed merger wouldn't. I hated Comcast when I was with them, just as I hate CableOne right now; cable companies are swindling pigs.

If Comcast is not taking T-Mobile over, Dish Network is waiting already to make an offer...
How do either of you nincompoops know this??

Pipe down with your propaganda!

I'd bet money that Comcast will NOT buy T-Mobile and Dish is a speculation so SHUT IT you rumor-spreading twits!!!
This message has been edited since its posting. Latest edit was made on 23 Dec 2011 @ 11:54

1023.12.2011 12:04

Dish was looking at Sprint months ago, but they have too much debt and too many issues to make a takeover viable. T-Mobile is a 'shoe-in' and a very possible alternative!

These are neither "propaganda" nor "rumors". Instead of blasting others with your childish and idiotic outbursts, you should do some home-work and check on the facts yourself.

Merry "effing" Christmas to you too!

1123.12.2011 15:09

Originally posted by eagleeins:

Dish was looking at Sprint months ago, but they have too much debt and too many issues to make a takeover viable. T-Mobile is a 'shoe-in' and a very possible alternative!

These are neither "propaganda" nor "rumors". Instead of blasting others with your childish and idiotic outbursts, you should do some home-work and check on the facts yourself.

Merry "effing" Christmas to you too!
The COMCAST part is your nonsense rumor. Again.......PIPE DOWN with propagating fluff. Dish isn't "waiting"........it was merely a consideration.
This message has been edited since its posting. Latest edit was made on 23 Dec 2011 @ 15:11

Comments have been disabled for this article.

News archive