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And Then There Were Three T Mobile USA from Deutsche Telecom for $39 billion ($25 billion in cash and the balance in stock).
The surprise deal will combine the second and fourth largest wireless carriers and perhaps of great importance to consumers, shrink the number of large wireless providers to three. The AT marriage will create the largest network in black kate spade wallet on sale the US with 129.2 million subscribers, making it larger than Verizon Wireless which has 101.1 kate spade factory bags million and about twice the size of third place Sprint/Nextel. Maybe the shotgun marriage occurred as a result of Verizon finally nailing down the iPhone, but at the end of the day all consumers want to know is this: how will this new combination change my life? I never feel good when there is less competition for consumer dollars, which means that I don't feel good about a lot of M deals that occur. This one has a ways to go, kate spade sold because government regulators at the Federal Communications Commission are clearly going to weigh and determine whether the deal can pass muster. Last May, an FCC study failed to conclude that the wireless industry is "effectively competitive". View all articles by Jill Schlesinger on CBS MoneyWatch Schlesinger, CFP is the Emmy nominated, Business Analyst for CBS News. She covers kate spade cheap gifts the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.
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