T - AT&T Inc. - Page 8

ATT bought Tmobile.

http://www.businesswire.com/news/home/20110320005040/en/ATT-Acquire-T-Mobile-USA-Deutsche-Telekom

What implications will this have for T-Mobile users?

Integration of new phones such as the iPhone to the T-Mobile line? Higher pricing?

Definite cost synergies for both firms....

Possibly the end of unlimited data plans for Tmobile users.

uhhh ATT has that for a price.

AT&T Inc. (T) rose after agreeing to buy T-Mobile USA from Deutsche Telekom AG (DTE) for $39 billion in cash and stock to create America’s largest mobile-phone company.

The deal would allow AT&T, now the second-largest U.S. wireless operator, to add about 34 million customers and surpass Verizon Wireless. The acquisition may face government scrutiny because it combines the second- and fourth-largest wireless providers, reducing consumer choice. Though regulatory approval may take a year, cost savings and revenue gains could total $3 billion a year, Dallas-based AT&T said.

“Phenomenal deal if it happens,” Jonathan Chaplin, an analyst with Credit Suisse Group AG, wrote in a research note yesterday. “Huge upside for AT&T; DT getting a great price; however, we believe regulatory risk is enormous.”

AT&T rose 79 cents, or 2.8 percent, to $28.73 at 9:40 a.m. in New York Stock Exchange composite trading, after gaining as much as 3.4 percent for the largest intraday increase in eight months. Deutsche Telekom rose as much as 16 percent in Frankfurt, the biggest intraday gain on record.

Sprint Nextel Corp. (S), which had held talks with Deutsche Telekom about acquiring T-Mobile according to people familiar with the matter, slumped as much as 15 percent.

‘Very Confident’

AT&T said that it would expand the rollout of its high- speed wireless technology, called Long-Term Evolution, or LTE, under the T-Mobile agreement. AT&T will offer the service to an additional 46.5 million people as part of the deal, helping achieve the Federal Communications Commission goal of making broadband available more widely, the company said.

“We studied this thing extensively over the last few months and we’re very confident it will be approved,” Randall Stephenson, AT&T chairman and chief executive officer, said in an interview. “Most local markets have a choice between five carriers, so the space will remain fiercely competitive.”

The agreement has been approved by the boards of both companies, Deutsche Telekom said in a statement.

Filled the gap and finding support around $28.  Should have some upside potential when they announce their qrt dividend.

Never thought I'd say this...but At&T is a ROCKET. I'm not really sure what to do with all these gains....

I'm up 10%.  I sold 1/3 of my postition yesterday.  Tempted to take profits, but I think there's some more left.

i think there are more rooms up for T, It's a good dividend play too.

You might think I'm nuts; but in the future I see AT&T as the global communication company of the World. Right now WiFi internet is moving towards 4G technology, the same as Phone Signals. I see AT&T purchasing the WAN backbone, I see AT&T buying out every competitor in the communication field, globally. Why? Economies of scale, better service, and if they actually build a new internet which has open source protocol, then it will make a laughing stock out of the insecure internet of today.

Watch out for Verizon! I'd short Verizon and buy AT&T long because not today; but this will be the future someday. =)

Wow, -3% hit here, dept of justice blocking acquisition of T-Mobile

Grabbed 28C weeklies at 0.5 for a retrace. Thanks for the heads up.

New 52wk highs and paying a juicy 5% dividend

AT&T Earnings Top Expectations, Revenue Falls Short

http://www.cnbc.com/id/48261805

This is a nice pullback I've been waiting for to get back into this high dividend yielder, will open a position in next few days.

solid play, if it hits 35 that would be a ideal entry.

Interesting dip yesterday and immediate rise. I lucky bought on the dip near the bottom. 174 shares at $34.33 yesterday. Planning to hold for a while for that juicy dividend and for the market to go all crazy upward (we'll see).