Search Results for: att t-mobile merger

Verizon backs AT&T in T-Mobile merger

Verizon backs AT&T in T-Mobile merger

Verizon CEO Lowell McAdam has spoken out in favor of the AT&T/T-Mobile merger, describing the deal as "kind of like gravity" and arguing that, if it blocks it, the US government will need to be more active in its spectrum plans. Speaking at an investor conference this week, McAdam claimed "that match had to occur" MarketWatch reports, and warned that the involved parties "need to be very thoughtful on what the impacts would be to the overall industry if this is a way to regulate the industry without actually passing regulation."

Continue Reading...

AT&T negotiating secret asset sales to save T-Mobile deal

AT&T negotiating secret asset sales to save T-Mobile deal

AT&T is in talks to sell off chunks of its spectrum and subscriber list, it's reported, as the carrier attempts to reduce potential barriers to its precarious T-Mobile USA acquisition plans. MetroPCS, Sprint, DISH Network, CenturyLink and Leap Wireless have all been approached by AT&T, two sources tell Bloomberg, with the carrier looking to slim down and, in the process, bypass complaints that the acquisition would be bad for competition and consumers.

Continue Reading...

AT&T will likely have to pay billions to T-Mobile parent if purchase deal falls through

AT&T will likely have to pay billions to T-Mobile parent if purchase deal falls through

Earlier this week I mentioned a report that was making the rounds claiming if the T-Mobile purchase by AT&T fell through due to regulatory objections or concessions that proved too costly AT&T might not have to pay the billions in breakup fees. Today T-Mobile parent company Deutsche Telekom is saying that is incorrect. Apparently the breakup fee, or at least part of it will still be due.

Continue Reading...

AT&T may not have to pay the $6 billion fee if T-Mobile purchase falls through

AT&T may not have to pay the $6 billion fee if T-Mobile purchase falls through

AT&T is still hoping that the purchase of T-Mobile USA that it wants to make will go through. The US government sued recently to block the merger. However, the deal could still go through if AT&T can come up with a plan that will satisfy regulators that the purchase would not create a monopoly or harm competition in the mobile industry. According to reports talks are being held with regulators, T-Mobile and AT&T. One of the things that AT&T had to be worried about was the breakup fee if the deal didn’t go through of roughly $6 billion it would have to pay Deutsche Telekom, the parent company of T-Mobile.

Continue Reading...

AT&T has two-pronged plan to keep T-Mobile merger alive

AT&T has two-pronged plan to keep T-Mobile merger alive

At the start of the merger process, many people though that the merger of AT&T and T-Mobile would be an easy thing. Some of the competitors weren't happy at all at the prospect, specifically a yellow firm that bet big on WiMax. This week the Department of Justice filed a complaint over the deal citing anti-trust concerns and the FCC has some serious misgivings about the merger as well. AT&T isn’t going to let its plans die that easily though.

Continue Reading...

1 2 3 4 5 6 7 8 9