AT&T Uneasy with Clearwire Portion of Sprint-Softbank Deal
AT&T today issued a statement once it learned that Sprint may take a controlling interest in Clearwire in order to facilitate its deal with Softbank. "Softbank's acquisition of Sprint and the control it gains over Clearwire will give one of Japan's largest wireless companies control of significantly more U.S. wireless spectrum than any other company," said Brad Burns, AT&T vice president. "We expect that fact and others will be fully explored in the regulatory review process. This is one more example of a very dynamic and competitive U.S. wireless marketplace, which is an important fact for U.S. regulators to recognize." AT&T isn't officially protesting the deal yet, but Burns' comments indicate that AT&T wants to be sure the Federal Communications Commission, Department of Justice, and other government regulators weigh the potential impact on spectrum ownership the proposed deals might have. Sprint was a highly vocal opponent of AT&T's proposed acquisition of T-Mobile USA, which regulators shot down last year.
|Payback is a B----||6667779311||
This forum is closed.