Tag Archives: Department of Justice

Verizon’s CableCo Spectrum Close To Federal Approval, T-Mobile Getting Spectrum

Verizon Wireless has received the stamp of approval from the Department of Justice, with FCC Chairman Julius Genachowski saying he supports Verizon’s to go ahead with their $3.6 billion dollar spectrum buy tom Comcast, Time Warner Cable, and Bright House Communications. While the FCC has yet to vote on the deal, it sounds like just a formality at this point. Genachowski has said he was satisfied by Verizon’s willingness to divest some … [read full article]

AT&T Efforts To Sell T-Mobile Assets Coming Up Short

According to a new Wall Street Journal report, AT&T’s efforts to find a prospective buyer for T-Mobile assets have “gone cold.” Citing sources familiar with the matter, the Journal indicates that a potential divestiture to Leap Wireless has gone cold as the parties concerned no longer believe such a deal would help persuade the government into allowing the deal to continue. The WSJ reports this may in fact be the strongest indicator … [read full article]

(Update: Granted) AT&T, Deutsche Telekom File Motion With Court, Ask For More Time To “Evaluate Options”

Update: Judge Huvelle has granted the stay reports Harold Feld from Public Knowledge. AT&T has just released the following statement with regards to its planned merger with T-Mobile: AT&T and Deutsche Telekom advised Judge Huvelle this morning that they wish to stay any further Court proceedings until January 18, 2012, to allow the two companies time to evaluate all options. The U.S. Department of Justice joined in the filing. AT&T … [read full article]

Justice Department Asks Judge To Delay AT&T, T-Mobile Trial

The Justice Department, appearing before Judge Huvelle along with AT&T this morning argued that since AT&T has pulled its merger application from the FCC, the issue is no longer pressing and there is no need to rush to trial. The Justice Department asked the judge to delay the trial to an unspecified date in the future. According to the Wall Street Journal report, Judge Huvelle admonished AT&T for pulling its application from … [read full article]

Justice Department Questioning If AT&T, T-Mobile Deal Still Active?

The Justice Department, in a Tuesday telephone conference call questioned whether AT&T’s application to buy T-Mobile was still active. This comes from Richard Levie, a special master overseeing the Department of Justice case against the AT&T, T-mobile deal. “DOJ interprets these comments to mean that the current litigation may, in fact, not present a live case or controversy,” Levie wrote in an order. Levie did say that he believes the Department of … [read full article]

(Updated With FCC Response) AT&T Issues Strong Rebuttal Statement To FCC Report, Says “Oh No You Didn’t”

Update: The FCC has responded to AT&T’s statement: “The AT&T/T-Mobile merger would result in the single greatest increase in wireless industry consolidation ever proposed. The FCC’s expert staff dispassionately analyzed all of the facts, including the arguments AT&T rehashes today.”  An agency spokesman said the analysis mirrored findings by the Justice Department and several state attorneys general that “the transaction would decrease competition, innovation and investment, and harm consumers. In … [read full article]

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]