T-Mobile confident of AT&T Deal..
The acquisition of T-Mobile would make AT&T the largest carrier in the U.S. The company (AT&T) says the merger is necessary to accommodate the heavy data demands of its subscribers, and will also create jobs and bring coverage to rural areas. However, while AT&T might claim to have more states supporting it, most of the highly populated US states such as California, Illinois, Massachusetts, New York and Pennsylvania are against the deal. The large numbers of consumers in those states are likely to hold some sway with the DoJ.
T-Mobie also released a new statement assuring that the deal will pass and the new T-Mobile will be part of AT&T.
If regulators reject the deal, AT&T must pay $3 billion to T-Mobile owner Deutsche Telekom as part of its pre-nup agreement with the wireless network. The carrier must also give T-Mobile free spectrum in some regions and reduce charges for T-Mobile customers who make calls to AT&T subscribers
Bowmanave on September 20th, 2011 1:51 am
So much for anti-trust and competition, not to mention the thousands of additional jobs lost. This is just another in a string of anti-trust failures by government. Not to worry folks, it's only little people anyway, they aren't worth the time for government to stand firm and protect competition. BTW, does anyone remember why they broke AT&T apart in the first place? Somethings needs to be returned to and End these monolithic corporations that do more to stiffle innovation and competition than they will ever contribute to the economy as they stand.
ipad programming on September 20th, 2011 2:38 am
AT&T consumes yet another mobile company. Looks like they want to be a monopoly on the US mobile market
Sugel on October 4th, 2011 1:08 am
T-Mobile ranks highest in all six regions including five ties performing . T-Mobile has been ranked highest for wireless-customer-care performance .
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