New York State Attorney General Eric Schneiderman today said he planned to conduct a thorough review of AT&T's proposed $39 billion acquisition of T-Mobile. In a statement emailed to Bloomberg, he said, "Affordable wireless service and technology, including smart phones and next generation handheld devices, are the bridge to the digital broadband future. We want to ensure all New Yorkers benefit from these important innovations that improve lives." Scheiderman believes the deal may have a greater impact on New York's northern cities (Rochester, Albany, Buffalo and Syracuse) more so than NYC, where citizens have more options available. Schneiderman is concerned that those who use T-Mobile as a low-cost provider may be aversely impacted by the acquisition.
As I have been involved in the wireless industry for 8 years, and have been a part of a carrier that has aquired many carriers, there isn't anything for these T-Mobile folks to be worried about.
Cingular/AT&T has grandfathered it's aquired carriers rate plans and features. From Dobson, Brazos Cellular, AT&T Wireless, Alltel, and others, these folks started off on day one with their existing old carrier rate plan.
So here is my issue with this guy. He is talking about the carriers being affordable. But yet he has no idea what any carrier might do in the future. No one saw the sprint plan changes, yet when they happened it was, and still is the best deal in wireless. The one point no one has made is this: Who is not to say that at@t would get smart and maybe adopt a few of tmobiles plans??? That would make the most sense.
I am sorry but from a business stand point, a company to spend as much as they have and risk $3 billion if the purchase does not go through is a company wanting to build and not bend as much as Tmobile has. In my opinion I will always see the glass ha... (continues)
Nobody can say with absolute certainty what the future will hold; true. But it is still necessary to try to analyze this transaction and what the potential outcomes affecting the consumer will be. Namely, how likely/probable is it that cell phone se... (continues)
I remember years ago when At&t sunk a lot of money and resources to get the local police and fire department here mobilized. Looking at all the attention they're garnering by putting free wifi everywhere it seems like they had planned something big like this for years. It's gonna be interesting to see how Verizon and Sprint will work together to take this behemoth head on.