AT&T CEO Randall Stephenson says the AT&T/T-Mobile deal will boost network capacity and improve service for devices such as Apple's iPhone, according to Bloomberg.
The acquisition would improve capacity on AT&T's wireless network by about 30 percent in some of the largest U.S. cities, Stephenson said today at an event at the Council on Foreign Relations in New York. It could also reduce charges for overseas roaming, he said.
"This transaction is very instrumental" in improving network service, said Stephenson at the event. "Virtually on the day you close the deal, getting a 30 percent lift in capacity in New York City: that’s a significant improvement in call quality and data throughput."
On March 20th AT&T announced its plan to acquire T-Mobile USA from Deutsche Telekom in a cash-and-stock transaction currently valued at approximately $39 billion. The deal must be approved by government regulators before it can be finalized.
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The acquisition would improve capacity on AT&T's wireless network by about 30 percent in some of the largest U.S. cities, Stephenson said today at an event at the Council on Foreign Relations in New York. It could also reduce charges for overseas roaming, he said.
"This transaction is very instrumental" in improving network service, said Stephenson at the event. "Virtually on the day you close the deal, getting a 30 percent lift in capacity in New York City: that’s a significant improvement in call quality and data throughput."
On March 20th AT&T announced its plan to acquire T-Mobile USA from Deutsche Telekom in a cash-and-stock transaction currently valued at approximately $39 billion. The deal must be approved by government regulators before it can be finalized.
Read More