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Tag Archives: Share Buybacks

AT&T buys T-Mobile for $39bn deal

Deutsche Telekom has sold T-Mobile USA to rival AT&T for $39bn (£24bn), creating the largest US wireless network. The deal sent Deutsche Telekom’s shares to their biggest daily gain yet, and gives AT&T about 43% of the US mobile market. The deal still needs approval from regulators. It also gives the German telecoms giant the cash to buy backs shares ... Read More »