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FCC Says No Rubber Stamp for AT&T / T-Mobile Merger

Article Comments  53  

Mar 24, 2011, 10:42 AM   by Eric M. Zeman

Speaking to the Wall Street Journal, an unnamed Federal Communications Commission official said, ""There's no way the chairman's office rubber-stamps this transaction. It will be a steep climb to say the least." AT&T proposed to acquire T-Mobile earlier this week for $39 billion and would create the nation's largest wireless network operator with 130 million subscribers. The deal has to be approved by the government before it can be completed. The FCC official's comments indicate that AT&T will likely have to make a number of concessions in order to get the deal approved. AT&T is confident the deal will pass muster. AT&T spokesman Michael Balmoris said, "We understand that Congress, the DOJ, the FCC, as well as wireless consumers will have questions about the transaction. We look forward to answering and addressing those questions. We are confident that the facts will demonstrate that the deal is in the public interest and that competition will continue to flourish."

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edzero

Mar 24, 2011, 11:11 AM

Verizon

why was it ok for verizon to buy Alltel and jump past at&t as the nations largest wireless carrier...but at&t is getting such a hassle about this?
Alltel was not a national carrier, and buying it did not give Verizon 99% ownership of CDMA in the US.
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edzero said:
why was it ok for verizon to buy Alltel and jump past at&t as the nations largest wireless carrier...but at&t is getting such a hassle about this?


That the seemingly high school or community college edu...
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The Verizon acquisition was scrutinized and they had to make concession to get the deal approved. The same thing will happen with ATT. You have to look past the fanboys on this site and others because most are just sore about the fact that their car...
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mar11974

Mar 24, 2011, 4:21 PM

International Roaming for Travelers From Overseas

This would give AT&T a MONOPOLY over foreign travelers coming to the US. AT&T would be the only GSM nationwide carrier. Most of the world operates on GSM, so this would not only be bad for the US, but for the entire world.
Good point. 🙂 That has yet to be addressed in enough researched detail.
I am surprised none of the other comment bashers.. and they know who they are, have not jumped in on this one yet.
more research needs to be done though. let's think about it. if someone travelled over here, their international provider would have roaming agreements with at&t or t-mobile, probably both. at&t is buying t-mobile, and the current terms of the deal gi...
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Who really cares about International Travellers? Trust me, the Europeans don't take the American travellers interest into consideration when debating a possible merger.
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Azeron

Mar 24, 2011, 2:14 PM

When you deal with the devil...

...count your fingers and count your toes.

"We are confident that the facts will demonstrate that the deal is in the public interest and that competition will continue to flourish."

Further proof that lying is an art form which must be skillfully honed in law and business school.
😈
carmodboy99

Mar 24, 2011, 11:09 AM

TALK IS CHEAP

Actions speak louder than words, and I think ATT couldnt give a crap less about the number TMO customers they hang on to anyway, theyre more interested in the spectrum earnings where they needed them. So I believe 100% the deal will go through, just with a few more divestitures than they might have hoped for, but not enough to make the whole acquisition unprofitable.
got your assosicates of business from devry huh?
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boggerscbshop

Mar 24, 2011, 8:29 PM

I wonder if AT&T will have to divest some markets like Verizon had to do on the Alltel deal.

I think they should divest some markets where AT&T and T-Mobile overlap. Thats what Verizon had to do. Whats fair is fair.
boggerscbshop said:
I think they should divest some markets where AT&T and T-Mobile overlap. Thats what Verizon had to do. Whats fair is fair.


The problem with this merger is that AT&T is in nearly in every market t...
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Mark_S

Mar 24, 2011, 3:59 PM

It all comes down to......

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ 😈
Android Ace

Mar 24, 2011, 10:59 AM

This is good

for everyone. Except the suits at ATT, that is.
HA HA HA, yes.
 
 
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