Search Results for: at&t t-mobile acquisition

AT&T delays closing date for T-Mobile acquisition

AT&T delays closing date for T-Mobile acquisition

AT&T's bid to purchase T-Mobile for $39 billion has been facing plenty of regulatory anti-trust scrutiny and now the target closing date for the acquisition has been pushed further back. Originally expected to complete by the first quarter of 2012, the merger is now estimated to complete sometime in the first half of next year, adding another 3 months to the time table.

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AT&T Letter Damages Case For T-Mobile Acquisition

AT&T Letter Damages Case For T-Mobile Acquisition

AT&T has been trying to make its case for the $39 billion T-Mobile acquisition since it was first announced back in March. The carrier has been arguing that the T-Mobile purchase is necessary for it to most cost effectively expand its LTE network coverage to meet the demands of today's immense data needs. However, a partially-redacted document the carrier filed with the FCC was accidentally leaked and contained information that specifically derailed this argument.

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AT&T Gets More FCC Questioning About T-Mobile Acquisition

AT&T Gets More FCC Questioning About T-Mobile Acquisition

When AT&T first submitted its pitch to the FCC on why it needed to buy T-Mobile, they're general theme was that it would be better for customers. They claimed that their current network would not be able to sustain the impending influx of smartphone data traffic and that the acquisition of T-Mobile would boost network coverage and build-out. Well, now the FCC has shot back its first round of questions for AT&T's response.

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AT&T and T-Mobile Acquisition Makes Sense

AT&T and T-Mobile Acquisition Makes Sense

We had to anticipate some consolidation of our networks in the US at some point in time. It turns out the beginning of that movement has begun as AT&T has agreed to buy T-Mobile for $39 billion dollars from Deutsche Telekom. So what does this mean? Is this bad or good for the telecommunications industry and for consumers as a whole?
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Sprint tipped weighing T-Mobile US grab in 2014

Sprint tipped weighing T-Mobile US grab in 2014

Sprint is readying a potential bid for T-Mobile US, with the rumored acquisition tentatively scheduled for the first half of 2014, insiders claim, and possibly worth more than $20bn. The merger, which would see the third- and fourth-largest carriers in the US market join forces, is still being weighed up by Sprint, sources tell the WSJ, and is likely to come in for particularly close attention by the US Justice Department, which may well put the brakes on the deal.

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AT&T carefully objects to Softbank’s Sprint deal

AT&T carefully objects to Softbank’s Sprint deal

With a single statement that's no more than three sentences long, AT&T has given what essentially amounts to a fair warning to U.S. regulators that they will not have an easy time approving of Softbank's acquisition of Sprint. Having failed at their own acquisition of T-Mobile in the USA earlier this year, it would appear that AT&T isn't going to let the Japanese carrier Softbank work with Sprint without letting them know they're watching them closely. With what AT&T says here, a clear message is sent directly to the FCC saying how the USA doesn't take kindly to outsiders buying up their market - so to speak.

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