Tuesday, December 2, 2008

Cellular One/Dobson to be acquired by AT&T

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AT&T had recently announced their plans to acquire small-time competitor Dobson Communications, which competes with AT&T in 16 different states nationwide. The acquisition of Dobson will allow AT&T to further strengthen and broaden its networks, taking advantage of areas where Dobson's network was once dominant to AT&T's. This will allow AT&T to extend its service and products, such as the iPhone, to areas like Alaska that couldn't once access these products before. This is a big move by AT&T, as it is going to cost them about $5 billion to complete this acquisition, which includes Dobson's $2.3 billion outstanding debt. If all goes as planned, things should be nearing completion by December.

Posted by The John

2 comments:

stephen said...

Considering the price, market acceptance,I'd rather guess the area. Also, there was an old new. What's happen now?

Dieu said...

Great! I am thinking about new mobile. I will look for some kind of mobiles from AT&T.