merger

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

ATT-buys-T-Mobile-USA-for-39-Billion-01 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... Read more »

CWA Union Says 100,000 New Jobs Will Be Created By AT&T, T-Mobile Deal

AT&T T-Mobile According to a Communication Workers of American Union analysis, the merger between AT&T and T-Mobile will create more than 100,000 jobs in the United States. The CWA analysis was able to conclude that 96,000 additional jobs would be created along with the 5,000 outsourced customer service jobs AT&T has promised to bring back stateside. The CWA went a... Read more »

AT&T Extends Timeframe To Close T-Mobile Deal Till Middle Of 2012

AT&T Building AT&T has decided the timeframe to close the T-Mobile deal will take a bit longer to close than originally expected as it continues an antitrust fight. AT&T announced the deal back on March 20th of this year and hoped to complete the deal in 12 months time. Given that the deal is still under review by the FCC and with a trial date set for February 13th in... Read more »

AT&T, C Spire And Sprint Spar Again In Court

supreme-court In a one-two story regarding the AT&T/T-Mobile takeover today, the first big happening was the Judge in the AT&T, Department of Justice lawsuit ruling that both Sprint and C Spire Wireless can continue to pursue their antitrust lawsuit against AT&T's proposed takeover of T-Mobile. AT&T and T-Mobile had hoped to see the lawsuit dismissed but U.S.... Read more »

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

metrocarly 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... Read more »

AT&T Responds To FCC Concerns Over Jobs, Says “Thousands Will Be Created”

ATT-Lawsuits Following Thursday's letter to AT&T from the FCC asking AT&T for more information regarding the creation of jobs in the United States following a T-Mobile takeover, AT&T has responded in kind. AT&T replied and stated that it "is aware that the Commission has requested addition information about the job related effects of the transaction," and that... Read more »

FCC Asks AT&T How T-Mobile Deal Will Add More Jobs

AT&T T-Mobile The Federal Communications Commission has formally requested, via letter that AT&T supply the FCC with more information regarding it's proposed takeover of T-Mobile. Specifically, the FCC wants to see all the data AT&T has over the last 5 years regarding its workforce and job creation. The FCC has informed AT&T that previously requested information and... Read more »

Deutsche Telekom Says “Plan B” Available Should AT&T Deal Fall Through

169383-dt Deutsche Telekom Chief Technology Officer Olivier Baujard speaking at the Broadboand World Forum Conference in Paris Wednesday reiterated his company's position of faith that the AT&T deal will go through. Deutsche Telekom is already preparing how to spend the influx of cash received from the AT&T deal in order to bolster their German business as well... Read more »

What Will Happen Now That T-Mobile Doesn’t Have The iPhone?

ATT-Apple-T-Mobile-e1300652416922 It’s October 4th and we all know what that means, iPhone Day!  Well, I’m sure you have heard already but T-Mobile will NOT be receiving an iPhone this year.  Big win for the Android faithful, but what does this mean for the carrier on a whole?... Read more »

AT&T Files Motions To Dimiss Sprint, C Spire Lawsuits, Puerto Rico Backs Department Of Justice

tumblr_lp2q6bEbGd1qgi0aa AT&T is up to its old tricks as it has asked a federal judge to throw out the lawsuit Cellular South has filed in order to block the proposed takeover of AT&T. AT&T argues that Cellular South's concerns are more about blocking competition and pursuing their own interests than acting in good faith for their customers. AT&T is making the very same... Read more »