AT&T Reveals Plans To Buy T-Mobile

by Wendy Kaufman, NPR
March 21, 2011

AT&T unveiled a huge acquisition over the weekend. The telecom giant announced it is buying wireless rival T-Mobile in a deal valued at $39 billion. The deal will put 80 percent of the wireless market in the hands of just two competitors, AT&T and Verizon. Analysts say it's likely to face a tough review from antitrust regulators.

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