Pages: 1 2

 

2011-03-20 17:32:21
Jay
Bork! Bork! Bork!
+2,006|5617|London, England
AT&T Inc said on Sunday it would buy Deutsche Telekom AG's T-Mobile USA, in a $39 billion cash-and-stock transaction that would create a new industry behemoth by combining two of the four largest U.S. wireless carriers.

The purchase price includes a cash payment of $25 billion with the balance to be paid using AT&T common stock. AT&T has the right to increase the cash portion of the purchase price by up to $4.2 billion.

As part of the deal, Deutsche Telekom will get about 8 percent stake in AT&T, and a Deutsche Telekom representative will join the AT&T board. AT&T can increase the cash component so long as Deutsche Telekom receives at least a 5 percent equity stake in it.

The agreement has been approved by the boards of both companies.

AT&T said it would finance the cash portion with new debt and cash on AT&T's balance sheet. AT&T has an 18-month commitment for a one-year unsecured bridge term facility underwritten by JPMorgan Chase & Co (JPM.N) for $20 billion.

AT&T will not assume any debt from T-Mobile USA or Deutsche Telekom.

AT&T said the deal is expected to be accretive to earnings, excluding non-cash amortization and integration costs, in the third year after closing.

The deal is expected to close in about 12 months.
http://www.foxbusiness.com/industries/2 … z1HBoabf9I

Odds the fuckers let me out of my contract? Fuck AT&T.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
2011-03-20 18:14:01
Winston_Churchill
Bazinga!
+521|6998|Toronto | Canada

i dont think they can change your contract.  if they do it should allow you to leave without early cancellation fees.
2011-03-20 18:30:14
13/f/taiwan
Member
+940|5957
go verizon or go home.
2011-03-20 18:37:57
mikkel
Member
+383|6860
Thankfully it isn't expected to go over smoothly with regulators.
2011-03-20 18:40:44
FEOS
Bellicose Yankee Air Pirate
+1,182|6670|'Murka

Would greatly expand AT&T's 4G network overnight when the deal closes.
“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular
2011-03-20 18:41:15
Jay
Bork! Bork! Bork!
+2,006|5617|London, England
There's nothing wrong with the deal. It's not like it gives AT&T a monopoly anywhere. I'm just annoyed because I signed a two year contract in November and don't want anything to do with AT&T.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
2011-03-20 19:15:38
FEOS
Bellicose Yankee Air Pirate
+1,182|6670|'Murka

I'm just happy because it improves AT&T's network...and I'm with AT&T right now. Was thinking about jumping back to Verizon when my contract expires, though.
“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular
2011-03-20 19:28:45
Jay
Bork! Bork! Bork!
+2,006|5617|London, England

FEOS wrote:

I'm just happy because it improves AT&T's network...and I'm with AT&T right now. Was thinking about jumping back to Verizon when my contract expires, though.
I have unlimited (4G) data for $30 a month with T-Mobile. AT&T and their ifags will ruin it for me.
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
2011-03-20 19:30:08
FEOS
Bellicose Yankee Air Pirate
+1,182|6670|'Murka

I've got the $30 unlimited data plan with AT&T, as well. Nothing should change, unless you change plans. They have to honor existing contracts.
“Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid.”
― Albert Einstein
Doing the popular thing is not always right. Doing the right thing is not always popular
2011-03-20 19:58:58
Kmar
Truth is my Bitch
+5,695|6860|132 and Bush

FEOS wrote:

I've got the $30 unlimited data plan with AT&T, as well. Nothing should change, unless you change plans. They have to honor existing contracts.
Perhaps you can charge them an early termination fee if they do ..lol. no, seriously though. The wireless industry has already been in a shit state of affairs with competition. If you want to terminate early you should be able to.. just pay the difference on your discounted phone for signing up.
Xbone Stormsurgezz
2011-03-20 20:25:55
pirana6
Go Cougs!
+692|6549|Washington St.
Regulators are gonna have a shit show with this one. People are saying it could take up to a year to go through if they allow it all.
2011-03-21 06:59:17
Turquoise
O Canada
+1,596|6664|North Carolina
Screw AT&T, hello Sprint. 
2011-03-21 07:01:48
Varegg
Support fanatic :-)
+2,206|7069|Nårvei

AT&T&T ??
Wait behind the line ..............................................................
2011-03-21 08:11:13
menzo
̏̏̏̏̏̏̏̏&#
+616|6705|Amsterdam‫

Varegg wrote:

AT&T&T ??
more like A&GT&T  American & German Telephone & Telegraph
https://i231.photobucket.com/albums/ee37/menzo2003/fredbf2.png
2011-03-21 08:16:00
Poseidon
Fudgepack DeQueef
+3,253|6796|Long Island, New York
I fucking hate AT&T so much. I love my iPhone, but I'm switching to Verizon in 2012 when my contract expires. AT&T's service is absolutely horrendous.
2011-03-21 20:08:31
Kmar
Truth is my Bitch
+5,695|6860|132 and Bush

Poseidon wrote:

I fucking hate AT&T so much. I love my iPhone, but I'm switching to Verizon in 2012 when my contract expires. AT&T's service is absolutely horrendous.
NYC is one of those areas I've heard. It really depends on the city. Some people are very happy with AT&T. When they do have (3G) service it is fast. However, AT&T scored the lowest in a recent consumer report customer satisfaction survey.

Alltel bought GTE, Verizon bought Alltel,  .. mostly to integrate their networks.
Xbone Stormsurgezz
2011-03-21 20:19:42
unnamednewbie13
Moderator
+2,053|7030|PNW

Winston_Churchill wrote:

i dont think they can change your contract.  if they do it should allow you to leave without early cancellation fees.
Whatever AT&T does to you over the phone should be far easier than dealing with the guttersnipes at T-Mobile.
2011-03-21 20:54:07
SEREMAKER
BABYMAKIN EXPERT √
+2,187|6827|Mountains of NC

Turquoise wrote:

Screw AT&T, hello Sprint. 
Verizon is looking at buying Sprint
https://static.bf2s.com/files/user/17445/carhartt.jpg
2011-03-22 02:32:33
Kmar
Truth is my Bitch
+5,695|6860|132 and Bush

Why The AT&T & T-Mobile Deal Won’t Change the Industry
Xbone Stormsurgezz
2011-03-22 02:34:09
11 Bravo
Banned
+965|5496|Cleveland, Ohio

SEREMAKER wrote:

Turquoise wrote:

Screw AT&T, hello Sprint. 
Verizon is looking at buying Sprint
no chance
2011-03-22 02:36:08
Kmar
Truth is my Bitch
+5,695|6860|132 and Bush

11 Bravo wrote:

SEREMAKER wrote:

Turquoise wrote:

Screw AT&T, hello Sprint. 
Verizon is looking at buying Sprint
no chance
Right. It was a rumor. The CEO of Verizon has specifically stated that they were not buying sprint. They bought Altell just a few years ago for 27 billion.
Xbone Stormsurgezz
2011-03-22 06:20:03
Macbeth
Banned
+2,444|5844

I hope we at least get a good deal on the new phones we have to get since we are going to get fucked when it comes to our plans.
2011-03-22 07:29:21
UnkleRukus
That Guy
+236|5295|Massachusetts, USA

Macbeth wrote:

I hope we at least get a good deal on the new phones we have to get since we are going to get fucked when it comes to our plans.
There is no such thing as a good deal when it comes to wireless devices and plans. Good phones cost 500$+ when bought at retail price, so they make you sign a 2 year contract for a discounted price. You're locked into that contract and you have to pay a nasty fee if you want out. During that contract you need to pay for extras, like insurance, texting, data packages (this is for verizon anyways) and various other services.
If the women don't find ya handsome. They should at least find ya handy.
2011-03-24 08:54:11
Turquoise
O Canada
+1,596|6664|North Carolina

SEREMAKER wrote:

Turquoise wrote:

Screw AT&T, hello Sprint. 
Verizon is looking at buying Sprint
Ah fuck... 
2011-03-24 19:24:39
mikkel
Member
+383|6860

UnkleRukus wrote:

Macbeth wrote:

I hope we at least get a good deal on the new phones we have to get since we are going to get fucked when it comes to our plans.
There is no such thing as a good deal when it comes to wireless devices and plans. Good phones cost 500$+ when bought at retail price, so they make you sign a 2 year contract for a discounted price. You're locked into that contract and you have to pay a nasty fee if you want out. During that contract you need to pay for extras, like insurance, texting, data packages (this is for verizon anyways) and various other services.
A good deal is buying the phone unlocked, if possible, and having a month-to-month plan. You'll usually end up having saved $50-$100 after the two years that a contract would've run, and you can sell your phone to cover some of the loss if you want to switch to an incompatible carrier. Still only a good deal by American standards, though.

 

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