Tag Archives: merger

AT&T To Pay T-Mobile $6 Billion If Deal Isn’t Approved

According to the old “people familiar with the matter” story AT&T will have to pay Deutsche Telekom $6 billion in assets, cash and services if a deal isn’t approved by US regulators. The $6 billion would break down into the $3 billion in cash previously thought but an additional $2 billion worth of spectrum and a roaming agreement valued at $1 billion would also be picked up by Deutsche Telekom. The sources … [read full article]

Sprint Asking State Regulators To Review AT&T/T-Mobile Deal

If Sprint hasn’t already solidified their position as the greatest vocal opponent to the proposed AT&T acquisition of T-Mobile, yesterday’s West Virginia filing may cement it. Sprint has asked West Virginia state regulators to review the proposed $39 billion dollar purchase with Sprint expecting to file similar requests in other states as well. “Clearly the interest of the public in this state will be adversely affected by the proposed merger because it … [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]

Merger Documents Blocked From Access

There are new developments in the ongoing drama that is this AT&T/T-Mobile merger.  As of today, the FCC has limited the access of certain confidential information contained in the proposed merger documents.  It was decided that some of the information, if it were to be accessed by competing companies, would compromise AT&T’s, T-Mobile’s, or some combination of the two’s competitive advantage.  The FCC added this along with their ruling: “We adopt [these] procedures … [read full article]

AT&T Files Public Interest Statement With FCC For T-Mobile Acquisition

As expected AT&T has filed with the FCC its Public Interest Statement regarding the proposed acquisition of T-Mobile. The filing is designed to demonstrate the benefits of the merger with specific emphasis on how a combined 4G LTE network could cover 97& of the US population. Originally thought to cover 95% of the population AT&T conducted a more thorough survey and determined they would be increase the reach of the network … [read full article]

T-Mobile Bests AT&T In Customer Satisfaction Survey

One of the biggest points echoed by T-Mobile customers when the topic turns to a potential AT&T merger is what will happen to their company’s praised customer service? While all wireless customer service departments are imperfect, T-Mobile has proven time and time again they are diamond in the rough and have the JD Power awards to support that statement. Thanks to Consumer Reports we have a look at how people really … [read full article]

AT&T CEO Randall Stephenson Says T-Mobile Merger Immediately Improves Reliability

Speaking to the Council on Foreign Relations Randall Stephenson, CEO of AT&T reiterated that the proposed AT&T/T-Mobile deal would not create a “duopoly” as most customers have five or more mobile choices and that costs would decline further as mobile broadband traffic grows. Someone needs to tell me where Randall Stephenson gets his fairy magic. His belief is that the overnight addition of T-Mobile to the AT&T portfolio is going to “immediately … [read full article]

Sprint Releases Official Statement In Opposition Of AT&T / T-Mobile Merger

While Sprint CEO Dan Hesse has already stated his position on the proposed AT&T and T-Mobile merger, Sprint has now released a formal statement in opposition. In no uncertain terms Sprint calls any passage of the deal a path to a duopoly in the marketplace with AT&T and Verizon “overwhelmingly” controlling the US wireless market. I couldn’t agree with Sprint anymore and yet our concerns go beyond the “duopoly” Sprint accuses … [read full article]

Shocker: T-Mobile Customers Overwhelmingly Disapprove Of AT&T Merger

The good folks over at eWeek posted an article yesterday stating that T-Mobile customers have “expressed anxiety and outrage” over the AT&T/T-Mobile merger. As anti-AT&T sentiment builds across the web from angry T-Mobile customers, the question is, where do they go from here? Assuming that T-Mobile customers can’t stomach the notion of becoming an AT&T customer, Sprint and Verizon are the only two national options left. Of course, an entirely separate … [read full article]