AT&T Says It Has the Motivation, Cash to Close T-Mobile Deal Fast
AT&T CFO John Stephens today reiterated the company's commitment to acquiring smaller rival T-Mobile USA. "We continue to move forward with our efforts to complete the T-Mobile transaction...and we will continue to pursue the sale," said Stephens at a conference in New York. Stephens said the company has amassed $10 billion in cash reserves, a $20 billion bridge, and an $8 billion backup to help it make the $39.5 billion acquisition price. "So we clearly have an ability to close the deal very quickly and have those resources. That is the plan," said Stephens. AT&T believes it can beat the lawsuit it is facing from the Department of Justice, though Stephens wouldn't share the company's strategy for doing so. After the Justice Department's trial concludes, AT&T will still face lawsuits from Sprint and C Spire Wireless.
Galaxy S8 to Cost $750, S8+ to Cost $850: Carriers Share Launch Details
Samsung's new Galaxy S8 and S8+ smartphones will cost $750 and $850, respectively. The phones share almost all features other than size and both ship with 64 GB of internal storage.
Review: Blu R1 Plus
Blu is back with another Android handset for U.S. consumers who prefer the unlocked life.
Alcatel A30 Reaches Amazon Prime for Just $60
Amazon recently added the Alcatel A30 to its roster of Prime Exclusives. This entry-level Android handset includes a 5-inch HD screen and a 1.1 GHz Snapdragon 210 processor with 2 GB of RAM and 16 GB of storage.
Asus ZenFone 3 Zoom Goes On Sale for $329
Asus today made the ZenFone 3 Zoom available from its web site for $329. The phone was first announced in January.
Monopolizing landlines in the past was not enough for them?
They do not need T-Mobile to give them the network spectrum and expansion they so claim.
With what they have, they are more than quite capable. G...
I'm dying to know why Sprint is so opposed to this.
If an AT&T and T-Mobile merger is bad for the customers and will raise prices please explain how this will not BENEFIT Sprint?
That's a lot of money