Sprint has announced its opposition to AT&T’s proposed $39 billion takeover of T-Mobile USA. According to the company, the transaction "would reverse nearly three decades of actions by the U.S. government and the courts that modernized and opened U.S. communications markets to competition."
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AT&T and Deutsche Telekom announced that they have entered into a definitive agreement under which AT&T will acquire T-Mobile USA in a cash-and-stock transaction currently valued at approximately $39 billion. The agreement has been approved by the Boards of Directors of both companies.
Read moreMicrosoft announced nine new Windows Phone 7 handsets that will be available this October and November from over 60 mobile operators in 30 countries in Europe, North America and Asia Pacific.
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