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Post Info TOPIC: US seeks to block AT&T, T-Mobile deal over antitrust issues
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US seeks to block AT&T, T-Mobile deal over antitrust issues
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US seeks to block AT&T, T-Mobile deal over antitrust issues

AT&T's proposed $39 billion buyout of T-Mobile hit a roadblock on Wednesday when the Department of Justice filed to block the deal over concerns that it would reduce wireless market competition.

“The combination of AT&T and T-Mobile would result in tens of millions of consumers all across the United States facing higher prices, fewer choices and lower quality products for mobile wireless services,” said Deputy Attorney General James M. Cole at a news conference.



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Ludicrous AT&T Press Release Promotes Dubious Merger
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Ludicrous AT&T Press Release Promotes Dubious Merger

AT&T T-Mobile merger

This one really galled me. AT&T announced plans to bring back (meaning it already sent away) 5,000 jobs to the U.S. if the government approves the horrid take-over of T-Mobile. Is this some sort of bribe to justify a dubious deal that has been temporarily thwarted by a Department of Justice injunction?



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AT&T, T-Mobile Merger: What About the FCC?
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AT&T, T-Mobile Merger: What About the FCC?

 As demonstrated by this morning's court filing, the Department of Justice is not a fan of the AT&T and T-Mobile merger, but what about the Federal Communications Commission? That agency is still conducting its own review, and has not yet issued its final ruling.



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Sprint Sues to Block AT&T, T-Mobile Merger
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Sprint Sues to Block AT&T, T-Mobile Merger

Sprint's 68-page complaint, filed Tuesday in the District Court of D.C., rehashes all its past arguments against the merger: that it would hike prices for consumers; that it would give AT&T and T-Mobile more than 75 percent of the wireless market; that AT&T would have too much influence over government-controlled spectrum; and that AT&T would be better served by spending its billions improving its own network rather than eliminating the competition.



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AT&T Defends T-Mobile Merger in Response to DOJ Lawsuit
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AT&T Defends T-Mobile Merger in Response to DOJ Lawsuit

 AT&T on Friday responded to a Department of Justice lawsuit that seeks to block the carrier's acquisition of T-Mobile, arguing that competition in the wireless space will actually suffer without a combined AT&T and T-Mobile, and that the DOJ has not "come to grips" to the efficiencies the deal will produce.



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Members of Congress Push Obama to Approve AT&T, T-Mobile Deal
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Members of Congress Push Obama to Approve AT&T, T-Mobile Deal

 Several members of Congress on Thursday penned a letter to President Obama and urged his administration to embrace the AT&T and T-Mobile merger, arguing that it will help spur job creation.



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AT&T, T-Mobile Merger Will Create Jobs? Prove It, FCC Says
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AT&T, T-Mobile Merger Will Create Jobs? Prove It, FCC Says

 The Federal Communications Commission on Thursday asked AT&T for more specific details about how its merger with T-Mobile will create jobs, as the carrier has claimed in various filings.

In response, AT&T reiterated its call to bring 5,000 call center jobs back to the U.S. and not fire any existing T-Mobile or AT&T call center employees. It also said the expansion of AT&T's network will allow for increased innovation, which will create jobs.

In the FCC letter, Rick Kaplan, chief of the agency's wireless telecom bureau, said AT&T's response on the job creation point "remains incomplete."



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