Tag Archives: lawsuit

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]

T-Mobile Posts Internal And External Quick Guides For Carrier IQ Information

With the Carrier IQ story remaining in the headlines, T-Mobile, like AT&T and Sprint are playing a bit of defense by helping assure customers that this information is only used for information collecting purposes. To help any customers who might continue to have questions about this matter, T-Mobile has posted a short Q & A for front-line employees as well as a quick document on their support forums to … [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]

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]

FCC Says AT&T, T-Mobile Merger Not In The Best Interest Of The Public

Expanding on our earlier report concerning the FCC decision, FCC Chairman Julius Genachowski issued a draft order earlier this morning calling for an Administrative Hearing before an Administrative Law Judge. According to the FCC, the Chairman’s order requires final approval from the full commission and if it receives the green light, the hearing will be conducted like a trial — involving witnesses, evidence, cross examination etc. In his order this morning, Genachowski … [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]

T-Mobile Setting Aside Millions Of Dollars To Keep “Top Employees”

While T-Mobile and AT&T continue efforts to seal their relationship, T-Mobile USA is setting aside cash in order to keep top employees on board should the deal go through. According to a Wall Street Journal report, T-Mobile has set aside $64 million dollars during the last two quarters, which earnings reports have listed as costs involving “primarily consisting of employee-relating expenses.” A Deutsche Telekom spokesman said that the company is taking “precautionary action … [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]