If you haven't heard the news by now, AT&T has agreed to purchase T-Mobile U.S.A. for $39 billion dollars...nice chunk of change right?
The deal isn't supposed to close for a year from now, but what does this all mean to you and me?
Hopefully it means better network coverage (especially for the silly iPhone since mine drops calls and has horrid reception no matter where I'm at) when the two networks end up combining and pictures like the one below will be just a memory...
Other than that, it seems like most of the other outcomes will not be pretty:
- T-Mobile subscribers with "3G" phones will need to replace those to keep their wireless broadband service working.
- Fewer pricing plans to choose from.
- No more unlimted data plans.
- Potential raise in prices with less competition (AT&T points out that prices have fallen through a decade of mergers in the industry, but what AT&T says and does are two different things)
Your guess is as good as mine what is going to end up happening, but when has a merger ever been good (Sprint/Nextel, Comcast/NBC, etc.)?
What's your thoughts on this whole scenario? Is it going to make AT&T's pockets deeper and both companies customers angrier and angrier?