AT&T recently acquired television provider DirecTV for $49 billion, offered $85 billion for Time Warner and is floating the idea of buying out competitor T-Mobile—which would come at an estimated $70 billion price tag, reports 24/7 Wall Street.
AT&T attempted to buy T-Mobile
in 2011, but the potentially $39 billion deal fell through. Buyout
talks have been reignited due to Softbank, Sprint’s majority
shareholders’ interest in a potential transaction with Deutsche Telekom,
which is controlled by T-Mobile. Continue Reading