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AT&T and Sprint Agree to Go to Trial After DOJ Suit

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Dec 6, 2011, 3:16 PM   by Eric M. Zeman

AT&T and Sprint have agreed to wait until after the Department of Justice's trial against AT&T is complete before proceeding with a trial for Sprint's lawsuit against AT&T. The Justice Department sued AT&T over its proposed acquisition of T-Mobile USA. The Justice Department alleges that the acquisition will lead to antitrust concerns and wants the the deal blocked. That trial is scheduled to start February 13, 2012. AT&T would like to wait until the Justice Department renders a verdict before tackling Sprint's (and C Spire Wireless's) lawsuits in court, but Sprint wants its trial to begin "immediately" after the governments trial ends. While many of Sprint and C Spire Wireless's claims were tossed, Sprint is suing that the merged entity would have too much power over handset pricing, while C Spire Wireless is suing over device pricing and the belief that wireless roaming costs will surge. A trial date for AT&T, Sprint, and C Spire Wireless has not yet been set.

more info at Bloomberg »

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waaaaaaaa edzero Dec 7, 2011, 10:09 AM
Just curious?? turnman34 Dec 6, 2011, 6:53 PM
 
 
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