Tag Archives: regulators

Justice Department Asks MetroPCS For More Details On T-Mobile USA Merger

MetroPCS made a brief announcement yesterday on their website that the Department of Justice had requested more information “in connection with MetroPCS’ proposed transaction with T-Mobile USA, Inc.” This second request for information will extend the regulatory review period by an extra 30 days, but MetroPCS, T-Mobile USA and Deutsche Telekom all plan to comply with the order and send the requested information. The proposed transaction is subject to MetroPCS shareholder approval, … [read full article]

FCC Approves Verizon’s AWS Purchase, T-Mobile Spectrum Swap

With the Department of Justice’s stamp of approval just a week old, the FCC has given their own seal of approval to Verizon’s proposed $3.6 billion purchase of SpectrumCo AWS spectrum. Part of the FCC’s conditions for approval was a spectrum swap between Verizon and T-Mobile, which would allow T-Mobile to cover an additional 60 million people. Along with the additional pop coverage, T-Mobile will also be able to deploy LTE in … [read full article]

Verizon’s CableCo Spectrum Close To Federal Approval, T-Mobile Getting Spectrum

Verizon Wireless has received the stamp of approval from the Department of Justice, with FCC Chairman Julius Genachowski saying he supports Verizon’s to go ahead with their $3.6 billion dollar spectrum buy tom Comcast, Time Warner Cable, and Bright House Communications. While the FCC has yet to vote on the deal, it sounds like just a formality at this point. Genachowski has said he was satisfied by Verizon’s willingness to divest some … [read full article]

AT&T May Earn Discount On T-Mobile If Concessions Surpass Certain Value

An article published early (early!) this morning on Bloomberg opens up the possibility that AT&T can “lower the price it pays for T-Mobile USA Inc. if the remedies requested by regulators become too expensive according to three people with direct knowledge of the purchase contract.” In other words, if the regulator’s request are too expensive for AT&T, the company can get a reduced rate on their T-Mobile purchase price. A discount would be … [read full article]

AT&T To Add 5,000 Customer Service Jobs Upon Completion Of T-Mobile Deal

AT&T is taking the large step of making some significant promises regarding jobs pending the conclusion of the T-Mobile takeover talks with a pledge to create 5,000 wireless call center jobs in the US. AT&T is pledging to bring these jobs back home away from outsourced countries and bring the jobs back to the United States. AT&T says that these new 5,000 wireless call center jobs will be offer highly competitive wages … [read full article]

Leak Shows Confidential AT&T LTE And T-Mobile Takeover Plans

Last weeks accidentally leaked document posted on the FCC website by the law firm employed by AT&T was taken down as fast as it was put up and unintentionally revealed some of AT&T’s LTE plans including the cost for AT&T to build out from its 80% “this is all we can afford to build” claim to the 97% it wishes to build. What fun would it be if the entire document didn’t … [read full article]

FCC Will Combine AT&T’s Qualcomm And T-Mobile Bids Together For Review

The Federal Communications Commission informed AT&T late Monday afternoon that it would combine its reviews of the proposed T-Mobile buyout along with their purchase of the 700MHz wireless spectrum currently held by Qualcomm. In a letter issued by the Wireless Telecommunications Bureau the FCC concluded that enough evidence was presented that the ramifications of both deals are related and that they should be considered at the same time.  ”The Commission’s ongoing review … [read full article]