AT&T Responds to Sprint Lawsuit
Sep 6, 2011, 3:38 PM by Eric M. Zeman
AT&T issued a statement this afternoon regarding the new lawsuit brought against it by Sprint. AT&T said, "This simply demonstrates what we’ve said all along – Sprint is more interested in protecting itself than it is in promoting competition that benefits consumers. We of course will vigorously contest this matter in court as AT&T’s merger with T-Mobile USA will: help solve our nation's spectrum exhaust situation and improve wireless service for millions; allow AT&T to expand 4G LTE mobile broadband to another 55 million Americans, or 97% of the population; and result in billions of additional investment and tens of thousands of jobs, at a time when our nation needs them most." Sprint in its lawsuit claims that the merger will lead to higher costs, reduced choice, and a duopoly that is harmful to the industry.
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