AT&T will have less of a monopoly now.
FCC chairman, Julius Genachowski, issued a draft statement yesterday lashing out against AT&T’s proposed acquisition of T-Mobile, calling its concentration of the wireless market contrary to the public interest. He’s also requested an administrative hearing, placing the onus on AT&T to prove the deal benign to wireless consumers…
Continue reading… “FCC Chief puts the kibosh on AT&T/T-Mobile merger”
The merger would leave just three major cellular carriers in the United States.
The proposed $39 billion merger of AT&T and T-Mobile could save the companies a lot of money. For everyone else, it could cost a lot of money. No sooner did the two companies announce a $39 billion merger on Sunday than industry analysts began assessing the impact on the biggest potential losers in the deal: consumers.
Continue reading… “Potential Losers in the AT&T and T-Mobile Merger: Consumers”
As anyone who has read a tech blog in the past few years will know, AT&T has been under attack for not being able to match the network capacity of larger rival Verizon. And when they won the majority of the bids for the open spectrum in 2008, Verizon also had a clear path to the future. Now AT&T is taking another path: buying T-Mobile…
Continue reading… “In The Race For More Spectrum, AT&T Is Acquiring T-Mobile For $39 Billion”
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