Sunday, March 20, 2011

T-Mobile to be purchased by AT&T for 39 Billion.

I need to say, this is awful. T-Mobile has very good service, great customer service, and terrific wireless programs. ATT has awful service. I had it in the past 2 years and can tell you from experience. They were always terrible, from the time they took over Cell One many years ago. Their customer service is an oxymoron, because it doesn't exist! And their wireless plans, expensive at best.
I hope there is some shining light to come from this announcement. But if this goes through, the only winners will be T-Mobile owners at Deutsche Telekom. The losers will be the customers. Like many large deals on Wall Street, it's all about greed. It's a rigged game anyway. But that is a discussion for another day.

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