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Sunday, 03/20/2011 2:45:58 PM

Sunday, March 20, 2011 2:45:58 PM

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AT&T Inc. (T) said it entered a definitive agreement with Deutsche Telekom AG (DTE) to acquire T- Mobile USA in a cash-and-stock transaction currently valued at approximately $39 billion.

The agreement has been approved by the Boards of Directors of both companies, Deutsche Telekom said in a statement.
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