A late Tuesday evening press release from MetroPCS announced the waiting period for the Hart-Scott-Rodino act had expired. The waiting period offers regulatory agencies the opportunity to delay the merger between MetroPCS and T-Mobile by having the companies continue to answer questions surrounding the proposed combination. The HSR Antitrust Improvement Act … [read full article]
While March 14th may be a big day for Android and Samsung owners the world over, it’s March 28th that will have the attention of proponents and detractors of the [read full article]
In a fairly standard move, the US Department of Justice along with the Federal Bureau of Investigation have filed a request with the FCC pertaining to the T-Mobile, MetroPCS merger. Both government entities have asked the FCC to “defer action,” or have asked them to delay their decision in order for both … [read full article]
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 … [read full article]
In a formal move with the FCC, T-Mobile USA and MetroPCS submitted official papers on October 18th seeking approval for their anticipated merger. According to the FCC filing, the companies will send similar documents to US antitrust authorities, specifically the Department of … [read full article]
The opposition to AT&T’s proposed takeover was fiercely led by a number of consumer advocate groups including [read full article]
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 … [read full article]
According to a new Wall Street Journal report, AT&T’s efforts to find a prospective buyer for T-Mobile assets have “gone cold.” Citing sources familiar with the matter, the Journal indicates that a potential divestiture to Leap Wireless has gone cold as the parties concerned no longer believe such a deal would help persuade the … [read full article]
Update: Judge Huvelle has granted the stay reports Harold Feld from Public Knowledge. AT&T has just released the following statement with regards to its planned merger with T-Mobile: AT&T and Deutsche Telekom advised Judge Huvelle this morning that they … [read full article]
The Justice Department, appearing before Judge Huvelle along with AT&T this morning argued that since AT&T has pulled its merger application from the FCC, the issue is no longer pressing and there is no need to rush to trial. The Justice Department asked the judge to delay the trial to an unspecified date in … [read full article]
