Tag Archives: Department of Justice

What Happens To T-Mobile If The AT&T Deal Fizzles Out?

Yesterday’s sudden and somewhat shocking revelation that the Department of Justice was suing to block the AT&T/T-Mobile merger caught the world by storm. Now that the dust (and shock) of the news has settled, the question now being asked is…what is next for Deutsche Telekom and specifically their USA brand? An early morning article out of Bloomberg asks this very question and the answer isn’t a simple one. When AT&T agreed to … [read full article]

(Updated With FCC Statement, Full Text Of DOJ Statement) Department Of Justice Moving To Block AT&T/T-Mobile Takeover

Updated: Thisismynext received a statement from FCC Chairman Julius Genachowski and it’s not looking good for AT&T: By filing suit today, the Department of Justice has concluded that AT&T’s acquisition of T-Mobile would substantially lessen competition in violation of the antitrust laws. Competition is an essential component of the FCC’s statutory public interest analysis, and although our process is not complete, the record before this agency also raises serious concerns about the … [read full article]

Department Of Justice Asks For More Information On AT&T/T-Mobile Acquisition

The Department of Justice has extended its review of the AT&T proposal for its $39 billion dollar acquisition of T-Mobile due to requests for new information. This move could allow the Justice Department to extend it’s review of the proposed deal indefinitely. Along with the request for more information, two unnamed sources said that antitrust authorities have sent “civil investigative demands” to competitors of the two carriers. These … [read full article]