AT&T has announced that it will be buying T-Mobile for $39 billion. All that’s left is regulatory approval.

The move, say T-Mobile and AT&T, will “ensure the deployment of a robust 4G LTE network to 95 per cent of the U.S. population, something neither company would achieve on its own.”

It’s not just about joining up the network dots, but actually opening up a wide variety of smartphones to both customers including the possibility, for the first time, of T-Mobile customers getting the Apple iPhone.

“Because of our compatible networks and spectrum, the customers of T-Mobile USA and AT&T will experience improved voice and data service almost immediately after the networks are integrated,” say T-Mobile in a statement exuding the virtues of the proposed merger.

“After evaluating strategic options for T-Mobile USA, I am confident that AT&T is the best partner for our customers, shareholders and the mobile broadband ecosystem,” said Deutsche Telekom Chairman and CEO René Obermann on the deal announced on Sunday.

Does this mean a T-Mobile iPhone is coming? Doubt it

“T-Mobile USA remains an independent company. The acquisition is expected to be completed in approximately 12 months,” says T-Mobile in a Q&A. “We do not offer the iPhone.”

[story via Pocket-lint]