The Firm is representing J.P. Morgan and Greenhill & Co., as financial advisors to AT&T Inc., in connection with AT&T’s $39 billion acquisition of T-Mobile USA from Deutsche Telekom. The Firm is also representing J.P. Morgan in its commitment to provide AT&T Inc. a $20 billion one-year unsecured bridge term facility to finance the acquisition. The transaction is expected to close in approximately 12 months.
AT&T Inc. is a premier communications holding company. Its subsidiaries and affiliates – AT&T operating companies – are the providers of AT&T services in the United States and around the world. AT&T is a leading provider of wireless, Wi-Fi, high speed Internet, voice and cloud-based services. It is a leader in mobile broadband and emerging 4G capabilities.
Based in Bellevue, Washington, T-Mobile USA, Inc. is the U.S. wireless operation of Deutsche Telekom AG. T-Mobile operates America's largest 4G network.
The Simpson Thacher team includes Bill Curbow and Ryan Gavin (M&A); Bill Sheehan, Frank Huck, Matt Einbinder, Jessica Tuchinsky and David Shapiro (Banking & Credit).