AT&T May Offer to Sell 25% of T-Mobile to Push Deal Through
According to sources cited by Reuters, AT&T is preparing a two-stage plan in order to convince the government to allow its proposed acquisition of T-Mobile to proceed. First, AT&T is prepared to make guarantees that it won't raise the prices of T-Mobile's current voice/data services. One of the government's fears is that the acquisition would lead to more expensive services. Second, AT&T is said to be considering an asset sale of up to 25% of T-Mobile's spectrum and customer base. One of the major concerns voiced by the Justice Department is that the acquisition would lead to less market competition. It recently revealed that AT&T would control more than 50% of 17 different markets across the U.S. if the acquisition goes through. It's not clear who AT&T might sell such a large portion of T-Mobile's business to, as Verizon Wireless and Sprint would likely be ineligible for the same antitrust reasons. Regional carriers might not have the financial means to buy the assets. AT&T has vowed to fight the government's lawsuit.
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AT&T Looking to Sell Assets for Cash
AT&T hopes to offset some of its debt by selling certain assets, reports Reuters. In particular, AT&T may offload several data centers worth about $2 billion, according to sources familiar with AT&T's plans.
Too much government
I could dream- i wireless
Wait a minute.
Deal or No Deal
It seems like their trying to make it sound like it will be good if they offer 25% to where ever but the outcome would result in the same. AT&T's bragging rights while still having horrible customer service and coverage.
This is news because...?
Having owned your house for quite awhile and haven't made much use of the items you've possessed, we know you feel as though cleaning house to get what you want might look valiant. But, please do us all a justice, and do not hold a garage sale of items no one can purchase.
The Consumers of the Wireless Industry.