Verizon CEO says it won’t oppose AT&T, T-Mobile deal

Mar 22, 2011
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Sprint might not be very happy about the proposed merger that AT&T and T-Mobile is working on. I guess I can see why it would make Sprint nervous considering it is losing many customers and is much smaller than AT&T and Verizon. Verizon on the other hand is apparently not worried about AT&T-Mo at all.

Reuters reports that Verizon Wireless CEO Daniel Mead has stated that he would not oppose the plans of AT&T to purchase T-Mobile. Mead noted that he didn’t want to distract his company from its goal of being the most profitable wireless carrier in the country.

Mead said at CTIA, "We're not interested in Sprint. We don't need them." Mead also thinks that regulators will approve the deal if the two firms agree to certain conditions. Mead figures AT&T is going to have to sell off some assets to get approval. I wonder if Verizon is hoping some of those assets might come its way.

[via Reuters]


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