Tag Archives: justice department

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]

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]

MetroPCS Looking To Pick Up Divested AT&T Assets From T-Mobile Deal?

There goes the neighborhood as MetroPCS is now the rumored frontrunner to absorb wireless spectrum, assets and subscribers from AT&T and T-Mobile as the two companies work to complete their acquisition. Though the size of any deal is far from definitive, it’s likely to include subscribers and spectrum and be valued at less than $4 billion. AT&T has already approached both Leap Wireless and Dish Network but MetroPCS, with more than $2 … [read full article]

T-Mobile To Lose 1.2 Million Postpaid Customers In 2011?

Oh those silly analysts are back in action with a Bloomberg report discussing the possibility that T-Mobile could lose as many as 1.2 million postpaid customer contracts during 2011. That number is  over three times higher than the 390,000 subscribers T-Mobile lost in 2010. Amidst AT&T’s takeover battle with the Justice Department, T-Mobile would end the year with 33.5 million total customers with 25.2 million of them on contract. Sanford C Bernstein … [read full article]

Judge Sets Court Date For AT&T vs Department Of Justice Showdown

We had a pretty good idea going into today that the AT&T/Department of Justice pre-hearing appearance before the Judge wasn’t going to yield much more than a court date. That’s exactly what happened as U.S. District Judge Ellen Huvelle set aside six weeks for the non-jury trial set to take place on February 13th, 2012. The date falls right in the middle of the governments hope for a March 19th trial date … [read full article]

AT&T Says Keep Your Rate Plan, Even When Your Contract Expires

While AT&T awaits FCC approval, DOJ lawsuits and a host of contentious members of the political machine they are still trying to win over the T-Mobile customer. As of September 16th T-Mobile updated their internal FAQ for employees regarding possible customers question surrounding rate plans changing post-AT&T takeover. A small addendum might help allay the fears of some T-Mobile customers who are fearful that their rate plans will disappear. We’ve … [read full article]

AT&T Talking To Rivals About Asset Sales To Save T-Mobile Deal?

An early morning Bloomberg report indicates that AT&T has already begun approaching its smaller rivals including MetroPCS and Leap to sell both spectrum and customers in an attempt to save its T-Mobile deal. Along with its smaller rivals the Bloomberg report also indicates AT&T has reached out to CenturyLink Inc., Dish Network and Sprint to also determine their interest level in possibly acquiring assets in order for AT&T to push their deal … [read full article]

T-Mobile Responds To State Attorneys General Announcing Support For Department Of Justice Lawsuit

With the announcement that Attorneys General from seven states were jumping behind the Department of Justice lawsuit to block the AT&T/T-Mobile takeover Sprint, AT&T and T-Mobile were quick to respond. T-Mobile’s Senior Vice President of Government Affairs Tom Sugrue made these remarks following the announcement of the Attorney Generals to join the Justice Department lawsuit: “Given the numerous benefits the merger will bring to consumers, businesses, and the US economy … [read full article]

AT&T Files Formal Response To Justice Department Lawsuit

Someone needs to tell me what is in the water over at AT&T headquarters that they believe a T-Mobile isn’t competitive. While T-Mobile is certainly the smallest of the big 4 carriers, calling MetroPCS and Cricket a larger threat than a company multiple times the size of both Metro and Cricket combined is in my eyes, irrational. AT&T filed a formal response to the Department of Justice lawsuit on Friday arguing that … [read full article]