The big news over the weekend was that AT&T has bought T-Mobile, which will fully go into effect in one year, effectively silencing all T-Mobile customers asking if they are going to get the iPhone.
AT&T just announced a definitive agreement with Deutsche Telekom to buy T-Mobile USA for $39 billion in cash and stock. In a press release, AT&T said the agreement has been approved by both companies’ boards of directors.
If the deal meets regulatory approval, AT&T will be the largest wireless provider in the United States. The company says the transaction will allow it to expand its 4G LTE network to 95% of the population of the United States, and touts enhanced “quality in the near term” for AT&T and T-Mobile customers.
What does this mean for Evolve Systems and the businesses we work with? Since Evolve Systems is heavily involved in mobile credit card transactions, this is one step toward being able to offer every business in America affordable credit card transaction applications and devices. There has been talk on the Internet about how having only three major cell phone carriers will be bad for consumers because fewer headsets and manufacturing companies will be involved, but while we may lose variety in our cell phones, this will lead to an increased uniformity as well. The third party market may take a hit initially, but they will more than make up for it in uniformity and exchangeability.
Are you looking for credit card processing solutions for your business, using your own existing cell phones and equipment? Evolve Systems can set you up with cutting edge credit card processing solutions, applications, and devices suitable for any business. Contact Evolve Systems today for more details.