AT&T’s Tactics Just Keep Getting Better And Better, Said To Be In Talks With Leap Wireless To Acquire T-Mobile Assets

The last few days have taught us that AT&T is willing to go to extreme and almost ridiculous lengths to save their T-Mobile deal. Now, a new New York Times story takes the cake by indicating AT&T is working on an “11th-hour plan” to save it’s T-Mobile takeover. Reports have widely circulated the past few days stating that AT&T is planning on offering up almost 40% of T-Mobile in order to appease the Department of Justice. The problem with such an offer would be who would be able to step up and grab those assets that the Justice Department wouldn’t dispute. Well, try Leap Wireless on for size as it is now reported to be “knee-deep” in talks with AT&T to purchase some of T-Mobile’s customer accounts and spectrum.

Obviously such a move would be undertaken in order to appease the Justice Departments concerns or at the very least show that AT&T is attempting to work out an arrangement. Such a deal would vault Leap Wireless into the nations fourth largest carrier and still provide AT&T with enough of T-Mobile’s spectrum to consider this a win. If the the notion that AT&T is preparing to work out a deal with Leap to acquire part of T-Mobile sounds looney, that’s because it is. It has us wondering how a company like Leap, that does a little around $700 million in quarterly revenues could afford such a large swath of spectrum and customers? Still, we can’t say this is unexpected as the number of potential partners the Justice Department would accept as buyers of T-Mobile customers and spectrum is quite limited.

The thing about this is, it wouldn’t change any aspect of the fact that two giants would still control the lions share of the wireless world. Sprint, Leap and MetroPCS would be remain far behind both Verizon and AT&T no matter how AT&T does the math. Needless to say, this situation just keeps getting crazier and crazier and at this point, we just have no idea what AT&T will think of next.

New York Times

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  • mrsbelpit

    The thing is that the FCC and DOJ don’t take the kind of actions they did with this merger if a settlement was a possibility.  No matter how much ATT divests, there won’t be 4 national carriers if this “merger” goes through.  The FCC already has reports that state wireless competition is not nearly where it needs to be even WITH T-Mobile as a player.  Fuck you, AT&T, you lose.  Have a little fucking dignity.

    • Guest911

      Take your meds.

  • mrsbelpit

    double post

  • Plankton

    Mark my words, the deal is done. This is a Kubuke dance for the fools. Watch the other hand.

    The cake is baked. The deal is done.

    You will all come to join me! I am not who I appear to be.

  • http://twitter.com/TuckerPeterson Tucker A. Peterson

    AT&T has to do every swinging thing they can to make it look like they tried when they fork over that 4 billion to DTK.  Google or Apple should just buy them, partner with regional carriers (or build it out) and create their own wireless network, OS and devices (Motorola Mobility).  It’s not as if the other three are going to stop carrying their devices if they do choose to buy it.

    • David

      If Google or Apple buy T-Mobile I will leave T-Mobile and will never look back.

      So lets hope non of spy company (Google) and theif company (Apple) buy T-Mobile.

  • BigMixxx

    DTEGY has lost about 25% of it’s value since May, dealing with ATT.

  • http://pulse.yahoo.com/_AWWIKW6MNPUHOC4OVSHWUDWAHM Fabio

    Haha! Good show AT&T, good show! Hopefully the top key AT&T management will be happy that you at least “tried” to save the acquisition. This is just a show to make people believe they’re trying. They know the deal is dead! Might as well retreat and admit defeat please.

  • macman37

    Way too bad for AT&T that Verizon Wireless just worked out this “spectrum swap” deal with Leap Wireless.  {http://news.cnet.com/8301-1035_3-57337113-94/verizon-leap-wireless-announce-spectrum-swap/?tag=mncol;cnetRiver}.  AT&T should hope and pray that there is no similar troubles from the likes of the FCC and DoJ with their “Plan B” network sharing deal with T-Mobile; and just better start praying that The Dish Network isn’t still interested in doing business with T-Mobile when this acquisition gets denied and their network sharing deal gets started.