AT&T Says It Has the Motivation, Cash to Close T-Mobile Deal Fast
AT&T CFO John Stephens today reiterated the company's commitment to acquiring smaller rival T-Mobile USA. "We continue to move forward with our efforts to complete the T-Mobile transaction...and we will continue to pursue the sale," said Stephens at a conference in New York. Stephens said the company has amassed $10 billion in cash reserves, a $20 billion bridge, and an $8 billion backup to help it make the $39.5 billion acquisition price. "So we clearly have an ability to close the deal very quickly and have those resources. That is the plan," said Stephens. AT&T believes it can beat the lawsuit it is facing from the Department of Justice, though Stephens wouldn't share the company's strategy for doing so. After the Justice Department's trial concludes, AT&T will still face lawsuits from Sprint and C Spire Wireless.
Hands On with the Moto g6
Motorola's g-series phones have a long-held reputation for value and quality. With the 2018 incarnation, Moto is trying harder than ever to bring high-end features and design to a low price point.
AT&T Says It Won't Sell the LG G7 ThinQ, But It Has an LG Exclusive On Deck
AT&T does not plan to sell LG's new flagship phone, the G7 ThinQ, according to The Verge. Instead, the company plans to offer an exclusive phone from LG later this summer.
Motorola Updates Affordable Lineup for 2018
Motorola today announced four new affordable Android phones coming to the U.S. market before mid-year.
FCC to Investigate Web Site that Exposed Phone Locations
The FCC today said it is investigating reports that a web site leaked the location data of millions of U.S. cell phones.
Monopolizing landlines in the past was not enough for them?
They do not need T-Mobile to give them the network spectrum and expansion they so claim.
With what they have, they are more than quite capable. G...
I'm dying to know why Sprint is so opposed to this.
If an AT&T and T-Mobile merger is bad for the customers and will raise prices please explain how this will not BENEFIT Sprint?
That's a lot of money