Results for "t-mobile merger"

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.

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AT&T faces US antitrust complaint over T-Mobile merger

AT&T faces US antitrust complaint over T-Mobile merger

AT&T may be working hard insisting that it's in users' best interest for the T-Mobile acquisition to go ahead, but it's a long way from convincing regulators. The Department of Justice has filed an antitrust complaint in an attempt to block the merger, Bloomberg reports, arguing that it would "substantially lessen competition" in the US wireless market. Meanwhile, the FCC has waded in as well, with chairman Julius Genachowski revealing that the agency also has "serious concerns" about the deal.

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Sprint Asks FCC To Block AT&T, T-Mobile Merger

Sprint Asks FCC To Block AT&T, T-Mobile Merger

When AT&T announced its plans to purchase T-Mobile for $39 billion, the most vocal opposition was third-place carrier Sprint. Very early on, Sprint warned U.S. regulators that the acquisition would "alter dramatically the structure of the communications industry" and said that AT&T and T-Mobile combined would be three times its own size. Today, Sprint officially filed a petition with the FCC to block the merger.

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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 and T-Mobile Merger a Possibility Thanks to Logic, According to Dan Hesse

Sprint and T-Mobile Merger a Possibility Thanks to Logic, According to Dan Hesse

Right now, Sprint is sitting high with all of their 4G talk. They've got their first 4G phone out there in the wild, and they've got 4G popping up in cities all over the United States. And while at this very moment they're using the same technology that Clearwire is (WiMAX), apparently that's still not stopping them from thinking about transitioning to LTE (Long Term Evolution) some time in the future. On top of that, a T-Mobile merger apparently holds a lot of logic.

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T-Mobile wants $1 billlion if proposed merger fails

T-Mobile wants $1 billlion if proposed merger fails

If the proposed merger between T-Mobile and Sprint fails to pass the watchful eye of the FCC, T-Mobile parent company Deutsche Telekom wants to cash in. A new report suggests the German company wants $1 billion or more from Sprint should the takeover/merger fall flat. Furthermore, Deutsche Telekom is seeking to keep key T-Mobile figures in place, as well as the brand they’ve worked so hard to build.

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T-Mobile MetroPCS merger confirmation allows final close by month’s end

T-Mobile MetroPCS merger confirmation allows final close by month’s end

This afternoon the official word from both Deutsch Telekom and T-Mobile USA has been sounded off, this pushing past earlier leaked news reports suggesting the news: the T-Mobile-MetroPCS combination has been approved. This approval comes at the hands of the stockholders of MetroPCS, this being essentially the last major step needed to be taken before the merger deal was finalized.

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