Tag Archives: Acquisition

Today Marks The One Year Anniversary Of The Proposed AT&T/T-Mobile Takeover Announcement

That’s right, today marks one year from the completely unexpected announcement that AT&T was attempting to purchase T-Mobile USA from Deutsche Telekom. The story would come to dominate our attention for the better half of 2011 as it became one of the most hotly contested merger/takeover/acquisitions in recent memory. Everyone from Congress, to the FCC and Department of Justice all the way through to hundreds of consumer organizations across the country got involved to help persuade the … [read full article]

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

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 step further by scolding opponents of the deal and stating that their concerns over any possible lost … [read full article]

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

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 the Department of Justice lawsuit, AT&T has … [read full article]

AT&T, C Spire And Sprint Spar Again In 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. District Judge Ellen Huvelle agreed to allow both companies to pursue their injury claims regarding the effect the deal … [read full article]

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

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 already approached both Leap Wireless and Dish Network but MetroPCS, with more than $2 billion in cash is … [read full article]

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

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 AT&T “…intends to respond fully to that request.” AT&T has long said one of the highlights of any proposed … [read full article]

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

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 responses sent by AT&T were incomplete causing the FCC to once again request official data. The FCC is requesting “all plans, … [read full article]

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

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 grow in emerging European markets. Taking his talk a step further Baujard said that as any company should, Deutsche Telekom has … [read full article]

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

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 argument with regards to Sprint’s lawsuit attempting to block the merger claiming Sprint … [read full article]

Analysts See AT&T/T-Mobile Network Sharing If Deal Isn’t Approved

We await the outcome of this afternoon court hearing and AT&T’s efforts to do all it can to get an early hearing date to salvage it’s proposed T-Mobile acquisition. However, if the deal falls through, collapses or is outright rejected a Reuters suggest analysts expect that both AT&T and T-Mobile will try and strike a network-sharing arrangement which would work around the regulatory heat that surrounds this deal and give each company access to additional spectrum … [read full article]