Number 2 AT&T moves to buy T-Mobile USA for $39 billion and take the top spot from Verizon Wireless

An agreement approved by the boards of AT&T and Deustche Telekom will allow AT&T Wireless to acquire T-Mobile USA, the lagging number four in US cell phone service providers. The combined company would put AT&T in the lead in a tight two-horse race between Verizon Wireless and AT&T. Earlier rumors indicated that Sprint Wireless might acquire T-Mobile USA, creating a third nearly-equal competitor for Verizon and AT&T… READ MORE

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