Tag Archives: AT&T

FCC Releases Report Blasting AT&T Claims About T-Mobile Deal Benefits

Just as the FCC promised to do earlier in the day when they revealed their decision to allow AT&T and T-Mobile to withdraw their FCC application, they have released their official findings and review of the deal. To say it isn’t positive for AT&T overall would be putting it mildly. For example, a key point from AT&T was about job creation…the FCC review discovers that in 2002 AT&T had 70,000 employees, after … [read full article]

FCC Accepts AT&T’s Request To Withdraw Their Application For T-Mobile Takeover, Will Release Findings Today

In a conference call that just finished, the FCC has announced it will grant AT&T’s request to withdraw its application to acquire T-Mobile. The FCC also announced that it will release its findings today discussing what it uncovered during the course of their review. Some portions of the report will be redacted, however the full report will be sent to the Department of Justice to assist them in their lawsuit against AT&T. … [read full article]

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 … [read full article]

With The AT&T Deal On The Rocks, Where Does T-Mobile Go From Here?

While we’re excited by the news that AT&T’s proposed acquisition of T-Mobile looks all but dead, I’m fearful that T-Mobile’s darkest days may still be ahead. While analysts, press, bloggers and the like all predict this deal will now just drag on until AT&T decides to finally throw in the towel, T-Mobile has to suffer the consequences of such actions. Given the news that AT&T is prepared to offer even more concessions[read full article]

AT&T To Offer Major Concessions To Salvage T-Mobile Deal?

With reports swirling that AT&T’s bid to purchase T-Mobile for $39 billion has all but collapsed following their request to remove their FCC application, Bloomberg is now reporting that AT&T is considering one last attempt at selling more assets in the hopes of saving the deal. According to Bloomberg’s source, AT&T is considering a divestiture in excess of 40% of T-Mobile’s assets including customers and spectrum. The large divestiture would hope to … [read full article]

AT&T And T-Mobile Pull FCC Application For Deal, AT&T Records $4 Billion Pretax Loss

Late Wednesday night AT&T announced that it will take a $4 billion charge as opposition to its T-Mobile USA purchase grows. The charge will reflect $3 billion in cash and over $1 billion in spectrum AT&T will provide T-Mobile parent Deutsche Telekom if the deal fails to meet regulatory approval. This move comes on top of both companies announcing the withdrawal of their pending applications from the Federal Communication Commission, although both … [read full article]

FCC To Hold Administrative Hearing For AT&T, T-Mobile Article

Chalk up yet another roadblock for the AT&T takeover of T-Mobile as FCC Chairman Julius Genachowski announces an Administrative hearing regarding the proposed takeover. The move is seen as another setback for the two companies already facing opposition from the Justice Department in the form of antitrust lawsuit resulting in a February 13th trial date. The FCC hearing would occur at the conclusion of the antitrust trial between AT&T and the Department … [read full article]

Analysts Turn Sour on AT&T, T-Mobile Deal Prospects

According to a report by the Financial Times, a large number of “analysts” now rate the chances for an AT&T, T-Mobile deal at less than 50%. Some analysts are even going so far as to rate the deal as only having a 20% chance of success for government approval. Bankers are noting that in order for the deal to win approval, AT&T will have to sell significant spectrum, possibly to MetroPCS as rumored … [read full article]

United States Attorney General Says They Are Ready To Meet AT&T In Court To Block T-Mobile Deal

The Department of Justice antitrust division is ready to meet AT&T head-on in court to stop it’s proposed takeover of T-Mobile USA according to United States Attorney General Eric Holder. Sitting before the Senate Judiciary Committee on Tuesday, AG Holder (who has recused himself from the matter) said: “The Justice Department does not file matters in court, does not file suits challenging proposed mergers unless we are prepared to follow them … [read full article]

Revisiting The Communication Workers Of America Claim Of 100,000 New Jobs From T-Mobile, AT&T Deal

Earlier today we ran a story regarding the Communication Workers of America union claim that the AT&T, T-Mobile “merger” would create 100,000 jobs. Now we’re compelled to revisit that story thanks to Karl Bode from DSLReports who pretty much turned the words of the CWA upside down and inside out. Most of us recognize that the CWA has an ulterior motive as they see the potential for thousands and thousands of … [read full article]