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Watch Tomorrow’s Senate Hearing On AT&T/T-Mobile Acquisition

On Wednesday morning at 10:15am EST time executives from AT&T and T-Mobile will testify in front of the Senate Judiciary Committee in the hopes of justifying the acquisition of T-Mobile by AT&T. Tuesday afternoon saw a conference call with some of tomorrows witnesses who will appear before the Senate regarding the ramifications of such a deal. What are some of the main points you can expect to hear tomorrow? Thanks a Forbes Magazine recap of the call we have a pretty good idea:



Perhaps the best quote I’ve come across comes regarding this deal comes of Broadband Reports in an article earlier this evening:

What the deal will do is make an already massive company with a strong tendency toward anti-competitive behavior much larger, eliminate a competitor from the market while keeping T-Mobile out of Sprint’s hands (which make no mistake is the deal’s primary goal), and result in the elimination of thousands of redundant AT&T and T-Mobile employees. In addition to AT&T and Verizon’s existing dominance of the special access market, they’ll also now dominate 75% of the wireless retail market — which means higher prices. The deal has absolutely no support from real consumer groups or consumers, so suggesting the deal is in any way “pro consumer” is trademark AT&T arrogance.

Karl Bode, the author of the Broadband Reports article, I tip my hat to you sir!  Read his full article at the source link.

Thanks for the tip Tito!


Broadband Reports

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