Tag Archives: takeover

AT&T Hires Bankers To Help It Prepare To Divest Assets For T-Mobile Deal

AT&T has begun the process of hiring bankers that will advise the company on how to sell assets in a move to ensure that they will will receive a government stamp for the takeover of T-Mobile USA. AT&T has brought on Bank of America Merrill Lynch to work on lining up potential buyers for customers and wireless spectrum AT&T will likely need to divest to win approval. AT&T has stated … [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]

Cablevision Wants T-Mobile Partnership, End To AT&T Talks

Cablevision, the 8th largest cable provider in the United States has come out in opposition of the T-Mobile/AT&T takeover talks with the hope it would be able to partner with T-Mobile as a cellular network partner. Cablevision declared their standing in a filing with the FCC arguing against the AT&T deal noting that Cablevision would be deprived of it’s best potential partner. “Cablevision has been actively exploring expanding its mobile Wi-Fi service … [read full article]

Things To Look Forward To…AT&T To Implement Data Throttling

In what can only be described as a taste of things to come provided the AT&T/T-Mobile takeover deal goes through AT&T is rumored to begin throttling data plans come October. AT&T will work to curb data congestion on their network and begin to recoup some of their reputation. The throttling plan will be pretty standard with data heavy users being curbed to a specific speed once they hit a predetermined threshold … [read full article]

Senator Al Franken Says AT&T/T-Mobile Deal Will Kill Competition, T-Mobile Says Nuh Uh

While Senator Herb Kohl has already come out in opposition of the proposed AT&T/T-Mobile takeover, his colleague Senator Al Franken has now responded in his own 24-page letter to the Justice Department and FCC. “The merger of AT&T and T-Mobile would be a major step towards the creation of an entrenched duopoly in the wireless industry,” Franken writes in a 24-page letter to the Justice Department and the Federal Communications Commission. “It … [read full article]

AT&T Responds To Fight The Merger

I told you this was one of the most interesting aspects of this merger saga, and it just got more interesting.  After posting the Fight The Merger post, AT&T contacted us with this statement: “The claims made by the Bursor & Fisher Law Firm are completely without merit.  An arbitrator has no authority to block the merger or affect the merger process in any way.  Our arbitration provision allows customers to resolve … [read full article]

DISH Networks And AT&T Customers Oppose the Merger

This has to be one of the most interesting developments in this merger case, if you ask me at least.  11 AT&T customers have gone to the New York-based law firm of Bursor & Fisher to help file an arbitration demand against AT&T, proposing that the merger will be in violation of the Clayton Antitrust Act.  Attorney Scott Bursor discuses the grounds for this arbitration:  “Government enforcement is an important part of … [read full article]

Analysts Predict Merger Will Continue, No Matter The Setbacks

It seems like there has been a bit more resistance against this merger lately, but some analysts don’t think that will stop it from going through.  Doubt is starting to set in as Senator Kohl spoke against the merger and the FCC halted the review shot clock.  Though as Jeffrey Silva, an analyst at Medley Global Advisors, puts it: “The ebbs and flows of merger reviews create moments of pause that … [read full article]

FCC Stops Shot Clock On Merger Talks

  Okay, Okay, so it’s not an actual shot clock, but the FCC has stopped it anyways.  The backstory is that the FCC normally gives 180 days to complete merger reviews, and they just stopped the T-Mobile and AT&T one at 83 days.  Stopping it isn’t a big deal, it has been done before, but the reason is very important.  In this case, they are stopping it to allow AT&T time to rework … [read full article]

AT&T Still Confident About Acquisition

In short, AT&T had an earnings report today and had a few statements regarding the process of the merger.  Wayne Watts, of AT&T, told those listening in that they are still confident that the merger will be approved by the FCC and DOJ in the first quarter of 2012.  Specifically, AT&T “remain[s] confident that [they] can satisfy the FCC and DOJ.”  So nothing has really changed.  In other news, that’s … [read full article]

RSS PhoneDog

RSS DroidDog

RSS TodaysiPhone