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Attempted purchase of T-Mobile USA by AT&T
On March 20, 2011, AT&T announced that it would purchase T-Mobile USA. On August 31, 2011, the Antitrust Division of the United States Department of Justice formally announced that it would seek to block the takeover, and filed a lawsuit to such effect in federal court. The bid was abandoned by AT&T on December 19, 2011.
==Announcement==
AT&T announced its intention to buy T-Mobile USA for $39 billion from Deutsche Telekom. The deal would come with 33.7 million subscribers, making AT&T the largest mobile phone company in the United States.〔(AT&T Buys T-Mobile: Great For Them, Bad For You )〕 If the deal were to go through, AT&T would have a 43% market share of mobile phones in the U.S., making AT&T significantly larger than any of its competitors.
On March 20, 2011 Deutsche Telekom AG accepted a US$39 billion stock and cash purchase offer from AT&T Inc. for T-Mobile USA, Inc.
According to an industry analyst, after the introduction of the iPhone in 2007, T-Mobile USA began to lose lucrative contract customers, dropping to 78.3 percent of subscribers in 2010, compared to 85% in 2006. T-Mobile USA's high churn rate of 3.2% compared to 1.2% at Verizon Wireless and AT&T Mobility, the needed investments in network upgrades and spectrum purchases were too risky given the drop in contract customers, reinforcing Deutsche Telekom's decision to sell.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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