1:21 PM
AT&T is buying T-Mobile for $25 bil in cash and $14 bil in stock! So much for those T-Mobile/Sprint merger rumors. This makes sense to me because T-Mobile and Sprint use incompatible standards but both T-Mobile and AT&T use GSM/HSPA+ and have road maps to LTE:
http://www.engadget.com/2011/03/20/atandt-agrees-to-buy-t-mobile-from-deutsche-telekom/
http://www.engadget.com/2011/03/20/atandt-agrees-to-buy-t-mobile-from-deutsche-telekom/