Verizon Purchases 122 AWS-1 Licenses From SpectrumCo, Eliminating Potential Deal For T-Mobile With Cable Companies?

Assuming regulators would approve such a deal, Verizon just screwed the prospects of a T-Mobile hookup with a cable company if the AT&T deal does indeed go all the way south. Verizon Wireless has announced that it is purchasing 122 AWS-1 spectrum licenses for $3.6 billion from SpectrumCo covering 259 million POPS in the United States. SpectrumCo is … [read full article]

FCC Tells AT&T They Are “Deeply Concerned” Over Today’s Statement

Today has turned into quite the war of words in the aftermath of AT&T’s request to withdraw their T-Mobile purchase application. This morning was quite lively as AT&T posted an angrily worded response to the release of the FCC Staff Report which contradicts a number of the points AT&T has made about … [read full article]

FCC Releases Report Blasting AT&T Claims About T-Mobile Deal Benefits

Just as the FCC promised to do earlier in the day when they revealed their decision to allow AT&T and T-Mobile to withdraw their FCC application, they have released their official findings and review of the deal. To say it isn’t positive for AT&T overall would be putting it mildly. For example, … [read full article]

FCC Accepts AT&T’s Request To Withdraw Their Application For T-Mobile Takeover, Will Release Findings Today

In a conference call that just finished, the FCC has announced it will grant AT&T’s request to withdraw its application to acquire T-Mobile. The FCC also announced that it will release its findings today discussing what it uncovered during the course of … [read full article]

AT&T’s Tactics Just Keep Getting Better And Better, Said To Be In Talks With Leap Wireless To Acquire T-Mobile Assets

The last few days have taught us that AT&T is willing to go to extreme and almost ridiculous lengths to save their T-Mobile deal. Now, a new New York Times story takes … [read full article]

With The AT&T Deal On The Rocks, Where Does T-Mobile Go From Here?

While we’re excited by the news that AT&T’s proposed acquisition of T-Mobile looks all but dead, I’m fearful that T-Mobile’s darkest days may still be ahead. While analysts, press, bloggers and the like all predict this deal will now just drag on until AT&T decides to finally throw in the towel, T-Mobile has to suffer the consequences of such actions. … [read full article]

AT&T To Offer Major Concessions To Salvage T-Mobile Deal?

With reports swirling that AT&T’s bid to purchase T-Mobile for $39 billion has all but collapsed following their request to remove their FCC application, Bloomberg is now reporting that AT&T is considering one last attempt at selling more assets in the hopes of saving the deal. According to Bloomberg’s source, AT&T is considering a … [read full article]

FCC Says AT&T, T-Mobile Merger Not In The Best Interest Of The Public

Expanding on our earlier report concerning the FCC decision, FCC Chairman Julius Genachowski issued a draft order earlier this morning calling for an Administrative Hearing before an Administrative Law Judge. According to the FCC, the Chairman’s order requires final approval from the full commission and if … [read full article]

Analysts Turn Sour on AT&T, T-Mobile Deal Prospects

According to a report by the Financial Times, a large number of “analysts” now rate the chances for an AT&T, T-Mobile deal at less than 50%. Some analysts are even going so far as to rate the deal as only having a 20% chance of success for government approval. Bankers are noting that in order for the deal to win approval, AT&T will have to … [read full article]

T-Mobile Setting Aside Millions Of Dollars To Keep “Top Employees”

While T-Mobile and AT&T continue efforts to seal their relationship, T-Mobile USA is setting aside cash in order to keep top employees on board should the deal go through. According to a Wall Street Journal report, T-Mobile has set aside $64 million dollars during the last two quarters, which earnings reports have listed as costs involving “primarily consisting of employee-relating expenses.” A Deutsche … [read full article]

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