Thursday, December 18, 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.

2 Comments:

Blogger John said...

That's so great! I will recommend this phone to everyone.

December 18, 2008 at 4:14 PM  
Blogger tom.hand08 said...

The same to me, i would like cell phone by AT&T. That look nice!

December 18, 2008 at 4:19 PM  

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