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T-Mobile To Be Acquired By AT&T

Deutsche Telekom AG and AT&T said Sunday that AT&T has agreed to acquire T-Mobile USA, in a deal worth approximately $39 billion. the two said the acquisition would allow the firms to expand their capacity, in a market where they are both facing "impending exhaustion" of wireless capacity. Impact of the deal on T-Mobile's Seattle operations was not disclosed. T-Mobile has a significant number of employees in the region. The deal is expected to close in 12 months.


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