Search Results for: at&t t-mobile merger

AT&T / T-Mobile Merger Getting No Rubber Stamps from Senate

AT&T / T-Mobile Merger Getting No Rubber Stamps from Senate

Yesterday, the US Senate held a hearing on the AT&T / T-Mobile merger, titled "Is Humpy-Dumpty Being Put Back Together Again?”. If the name is not enough indication, a quick perusal of the transcript show some major suspicions on the part of Senators towards the deal. Senators Herb Kohl (D-WI), Michael Lee (R-Utah), Amy Klobuchar (D-MN), Chuck Grassley (R-Iowa), Al Franken (D-MN), John Cornyn (R-TX), and Richard Blumenthal (D-CT) wanted explanations as to why this merger was necessary, and why they should allow AT&T to absorb a competitor, bringing them back to near-monopoly status.

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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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T-Mobile announces restructuring and more job cuts

T-Mobile announces restructuring and more job cuts

T-Mobile CEO Philip Humm issued a memo today, announcing some "difficult decisions" in restructuring the company that will involve more layoffs. The struggling carrier had recently cut 1900 jobs and closed 7 call centers, following its failed AT&T merger. Now a new round of job cuts will ensue with notifications to be sent out this week to affected employees.

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FCC approves AT&T spectrum transfer to T-Mobile

FCC approves AT&T spectrum transfer to T-Mobile

The FCC has approved the transfer of AWS spectrum from AT&T to T-Mobile, who celebrated the news this morning with the announcement. The spectrum to be transferred is part of the breakup agreement between the two carriers for their ill-fated merger attempt. T-Mobile plans to use the new AWS spectrum for building out its own LTE network in 2013.

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AT&T blames FCC for T-Mobile job cuts

AT&T blames FCC for T-Mobile job cuts

AT&T has issued a statement blaming the FCC for the T-Mobile job cuts announced yesterday. T-Mobile will be shutting down 7 call centers and laying off 3,300 employees, although it will be creating 1,400 new positions at the remaining call centers. AT&T exec Jim Cicconi believes that the cutback would not have been necessary had the FCC approved the $39 billion merger between AT&T and T-Mobile.

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T-Mobile closing 7 call centers, cutting 1,900 jobs

T-Mobile closing 7 call centers, cutting 1,900 jobs

T-Mobile had somber news for employees today announcing plans to close down 7 of its 24 call centers, eliminating 1,900 jobs nationwide with more job cuts likely to come. The consolidation of its call centers is expected to complete by the end of June and the cost savings is aimed at diverting more funds towards its $4 billion network upgrade to 4G LTE.

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AT&T takes top spot in mobile customer service

AT&T takes top spot in mobile customer service

AT&T has managed to beat out all its rivals in the latest mobile phone customer service survey conducted by Vocalabs, despite being ranked worst by Consumer Reports. According to data collected from the firm's survey, which involved telephone interviews immediately following a customer service call during the last three-month period in 2011, AT&T had the highest percentage of customer satisfaction among the four major US wireless carriers.

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