AT&T, the nation’s second largest wireless provider, has just announced that it will acquire T-Mobile USA from parent company Deutsche Telekom in a cash and stock deal worth approximately $39 billion. With all of the talk of Sprint and T-Mobile joining up, the AT&T news comes out of the blue — though strategically it makes more sense due to both carriers’ spectrum and network technology. It has been widely reported that Deutsche Telekom was looking to get rid of T-Mobile USA for various reasons. AT&T has also committed to delivering LTE to an additional 46 million people with the T-Mobile acquisition, promising to cover close to 95% of the U.S. population with LTE wireless services in the future. The deal is expected to close, pending regulatory approval, within the next 12 months. The full press release is after the break.

via AT&T to acquire T-Mobile from Deutsche Telekom for $39 billion | BGR.