AT&T issued a statement this afternoon announcing that AT&T and Deutsche Telekom have agreed to drop the merger bid, which had come under heavy scrutiny from the U.S. Government. AT&T and T-Mobile USA will agree to a roaming deal which will allow their phones to work on each other’s networks. In an official statement, AT&T ... Read More »
It’s becoming more and more clear that AT&T will not be allowed to buy T-Mobile USA outright. AT&T’s fourth quarter Hail Mary effort to save the deal involved selling off some of its assets to appease government opposition, including a potential selloff of customers and spectrum to Leap Wireless. The Wall Street Journal is reporting ... Read More »
If you blinked at our report on the AT&T-Mobile deal yesterday (you may have missed that over the Thanksgiving holiday weekend), AT&T put in a request to the FCC to withdraw its merger application. AT&T did this for several reasons. The two prominent reasons are the need to focus on the pending court case ... Read More »
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The proposed merger between AT&T and T-Mobile USA just gets more and more interesting. The deal has reached the point where AT&T will need to make several concessions if it is to have even a remote chance of success against a sea of litigation. This will include selling spectrum and customers to smaller, regional wireless ... Read More »
A new report out of the Financial Times today sheds some light on what analysts think of the T-Mobile AT&T merger, and it isn’t good.
According to the report, a large number of analysts put the probability of the deal passing at under 50%, with some going as low as 20%. No one ... Read More »
Speaking at a Goldman Sachs investor conference, Verizon CEO Lowell McAdam suggested that the government either needs to allow the T-Mobile and AT&T merger to go through or figure out a way to provide more spectrum to the telecom industry.
Though Verizon Wireless is holding off officially endorsing the proposed merger until they learn the ... Read More »
The Chicago Tribune is fully embracing the proposed merger between AT&T and T-Mobile USA. In an editorial published on Monday, the Tribune scorned the Department of Justice for filing an antitrust suit against the deal, stating the move was an unnecessary mess.
The Tribune offers two main arguments for why the proposed deal between AT&T ... Read More »
The AT&T/T-Mobile merger may mean impending doom, but there’s no doubt many are still trying to stop it. Sprint has been against this acquisition from the very beginning. Though the company has clearly stated such, things are getting much more serious today.
As promised, Sprint will do everything in its power to stop AT&T ... Read More »
August has certainly been one of the craziest months on record for the telecom industry. The month went out with a bang; the US Department of Justice filed an antitrust suit attempting to kill the proposed merger between AT&T and T-Mobile.
In the chaos yesterday, both AT&T and Sprint issued official responses to ... Read More »
Bloomberg is reporting that the United States Justice Department has filed court papers in Washington in an attempt to block the proposed merger of AT&T and T-Mobile USA. Details are obviously few and far between on this story, but one thing is painfully clear: AT&T has their work cut out for them if they’re going ... Read More »