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U.S. Government Moving to Block AT&T's Acquisition of T-Mobile


Bloomberg reports that the U.S. government filed a complaint today seeking a court order to block AT&T's acquisition of T-Mobile. Antitrust concerns are at the heart of the complaint:

AT&T’s elimination of T-Mobile as an independent, low- priced rival would remove a significant competitive force from the market.

AT&T first announced its intent to acquire T-Mobile in March, stating that the merger would increase the company's network quality and expand the reach of its LTE capabilities.

AT&T was the only carrier offering the iPhone in the U.S. from its release in 2007 until its exclusive agreement ended earlier this year when Verizon began offering the iPhone 4 in February.

Although T-Mobile has never been an official iPhone carrier in the U.S., the company claimed that over one million iPhones were running on its network earlier this summer. Just last week there were reports that T-Mobile USA would begin offering the iPhone 5 at its release, which is widely expected in October.

Top Rated Comments

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10 months ago
Thank god, AT&T is bigger today than it was when it had to be split up all those years ago. The only reason cell companies have been allowed to get this big is because their lobbyists managed to convince congress that wireless connectivity shouldn't be subject to the same regulations that physical landline services are.
Rating: 30 Positives / 5 Negatives
10 months ago
I hope they are successful. This was a bad move for consumers.
Rating: 25 Positives / 2 Negatives
10 months ago

http://www.bloomberg.com/news/2011-08-31/u-s-files-antitrust-complaint-to-block-proposed-at-t-t-mobile-merger.html

http://www.engadget.com/2011/08/31/us-government-files-to-block-propsed-atandt-t-mobile-merger/

Discuss!


Is this becoming a new thing now on this forum,

1. Start a new thread
2. Post some links
3. Followed by the word "Discuss" and nothing else.

I've been noticing this more and more and I'm puzzled as to why.
Rating: 22 Positives / 1 Negatives
10 months ago

why?


Probably because he has AT&t and misery loves company
Rating: 23 Positives / 3 Negatives
10 months ago
This is GREAT news!

I was truly afraid the DOJ wouldn't have the balls to step in, so I'm absolutely, and pleasantly surprised.

GET 'EM BOYS!
Rating: 23 Positives / 3 Negatives
10 months ago
Perhaps Apple should acquire T-Mobile now, expand to build their own cell network, and screw them all! :D
Rating: 18 Positives / 4 Negatives
10 months ago

Ah. So basically given the choice, you would screw over about 1/3 of your fellow Americans so that you can make a few hundred dollars profit?

Sounds like you and AT&T are a match made in heaven.


How is his attitude any different than those that own stock in Apple and make silly comments? ;)
Rating: 13 Positives / 0 Negatives
10 months ago
I'm not sure having two major wireless carriers and two minor wireless carriers is all that great of an alternative either.
Rating: 14 Positives / 3 Negatives
10 months ago
I hope this completely derails the merger. Great job, and a win for consumers.
Rating: 9 Positives / 2 Negatives
10 months ago

I hope tMobile and AT&T merge


why?
Rating: 9 Positives / 2 Negatives

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