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Great news for who? T-Mobile has no solid real 4G (LTE) plans or the capital to build out their network, so eventually their subscribers will be stuck with slow (compared to LTE) data and a company unable to invest in their network. T-Mobile customers won't think this is great news a year or two from now.

AT&T users could welcome the additional spectrum and wireless footprint that T-Mobile would provide.

There are some who argue that wireless consolidation will lead to higher pricing. There is no factual data to support this. Wireless consolidation has been going on for years and actual wireless costs (apples compared to apples) has decreased. Sure, people have higher overall bills today, but they are using 1,000's of minutes per month and GB's of data plus unlimited texting, etc compared to voice plans that had tiers of 100, 200, or 500 minutes per month like the industry had just a few years ago.
 
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