Tag Archives: Acquisition

Analysts Predict Merger Will Continue, No Matter The Setbacks

It seems like there has been a bit more resistance against this merger lately, but some analysts don’t think that will stop it from going through.  Doubt is starting to set in as Senator Kohl spoke against the merger and the FCC halted the review shot clock.  Though as Jeffrey Silva, an analyst at Medley Global Advisors, puts it: “The ebbs and flows of merger reviews create moments of pause that … [read full article]

FCC Stops Shot Clock On Merger Talks

  Okay, Okay, so it’s not an actual shot clock, but the FCC has stopped it anyways.  The backstory is that the FCC normally gives 180 days to complete merger reviews, and they just stopped the T-Mobile and AT&T one at 83 days.  Stopping it isn’t a big deal, it has been done before, but the reason is very important.  In this case, they are stopping it to allow AT&T time to rework … [read full article]

AT&T Still Confident About Acquisition

In short, AT&T had an earnings report today and had a few statements regarding the process of the merger.  Wayne Watts, of AT&T, told those listening in that they are still confident that the merger will be approved by the FCC and DOJ in the first quarter of 2012.  Specifically, AT&T “remain[s] confident that [they] can satisfy the FCC and DOJ.”  So nothing has really changed.  In other news, that’s … [read full article]

(Updated, AT&T Too) T-Mobile Responds to Senator Kohl

  Well that was fast.  Not long after Senator Kohl spoke against the merger T-Mobile issues an open letter in response.  With a shake of their head and wag of their finger, T-Mobile says they are disappointed and disagree with his analysis.  Here is the entire response: “We are disappointed to learn of the position taken by Sen. Kohl on the proposed merger between AT&T and T-Mobile USA. While we have a great deal of … [read full article]

Verizon’s COO Bets The Merger Will Happen

This saga just won’t end, and frankly I’m kind of sick of it.  Anyways, Verizon’s COO Lowell McAdam came out saying that he believes the merger will go through, mostly because “AT&T needs the spectrum and is motivated enough to [acquire T-Mobile], and will agree with what the government will want.”  So essentially, he thinks that it will go through because AT&T just wants it and had money.  I’m still betting … [read full article]

U.S. Senator Herb Kohl Comes Out Against AT&T/T-Mobile Deal

Senator Herb Kohl, Chairman of the US Senate Antitrust Subcommittee has written the FCC urging them to block the proposed AT&T buyout of T-Mobile stating that the buyout “would likely cause substantial harm to competition and consumers would be contrary to antitrust law and not in the public interest, and therefore should be blocked by your agencies.” He specially points out that T-Mobile would effectively be eliminated from the market. The Senator’s … [read full article]

Five Myths About The T-Mobile/AT&T Takeover Courtesy Consumer Advocate Free Press

While the government remains caught between two very separate sides of the AT&T takeover of T-Mobile, consumer advocate group Free Press is continuing its approach of debunking AT&T’s argument that the takeover is necessary. In fact they’ve compiled a list of 5 myths tackling a number of AT&T’s core arguments that attempt to show that AT&T would be able or is already able to achieve the stated goals it has said it needs … [read full article]

Groups Seek Public Hearings From FCC Regarding AT&T/T-Mobile Takeover

In a letter to the FCC a number of consumer activist and watchdog groups requested that public hearings be held across the country to “hear from the people who could be most affected by the merger.” Groups including Consumers Union and Public Knowledge (we love them) sent the letter to FCC Chairman Julius Genachowski expressing the deal as “a matter of great public concern.” Other groups who lent support to the letter … [read full article]

Sprint’s Dan Hesse Ready To Bring The “Nukes” To Stop AT&T/T-Mobile Deal

Tucked away in Sprint’s “White Room” CEO Dan Hesse is mapping out his plan to “nuke” the AT&T takeover of T-Mobile. With red, blue and green ink as his weapons Hesse is laying out his tactics for stopping the merger which include both personal and corporate resources. “Clearly, purely, we want to win and block the merger,” said Hesse, during an interview with Bloomberg.com at the company’s Overland Park, Kansas headquarters. “This … [read full article]