AT&T Gives Up on T-Mobile Acquisition
AT&T today announced that it will cease attempts to purchase T-Mobile USA from Deutsche Telekom. AT&T faulted the Department of Justice and Federal Communications Commission's moves to prevent the acquisition, saying that the spectrum crisis is still coming and this deal would have helped solve some of the resulting issues. AT&T said that it remains committed to its customers and "will continue to be aggressive in leading the mobile Internet revolution." AT&T charged the government with allowing free markets to work unencumbered by policy and asked it to quickly approve its acquisition of 700MHz spectrum from Qualcomm. AT&T announced in March its intent to acquire T-Mobile USA for $39.5 billion. AT&T said it will recognize a charge of $4 billion ($3 billion in cash, $1 billion in spectrum) for the fourth quarter of the year to cover break-up fees.
More Carriers and Phone Makers Agree to Adopt Google's RCS-Based 'Android Messages' Service
Google today said more wireless network operators and handset manufacturers will use Android Messages, its RCS-based messaging service, as the default SMS/MMS tool on their phones. (Android Messages was previously known as Google Messenger.) Some of the features of RCS, which is a global standard, include group chat, high-resolution photo sharing, advanced calling features, and read receipts.
Alcatel A30 Reaches Amazon Prime for Just $60
Amazon recently added the Alcatel A30 to its roster of Prime Exclusives. This entry-level Android handset includes a 5-inch HD screen and a 1.1 GHz Snapdragon 210 processor with 2 GB of RAM and 16 GB of storage.
Galaxy S8 to Cost $750, S8+ to Cost $850: Carriers Share Launch Details
Samsung's new Galaxy S8 and S8+ smartphones will cost $750 and $850, respectively. The phones share almost all features other than size and both ship with 64 GB of internal storage.
T-Mobile Wants $1B Break-Up Fee If Sprint Deal Fails
T-Mobile and Sprint are weighing several big factors ahead of a potential merger between the two. To start, Deutsche Telekom, a two-thirds owner of T-Mobile, is demanding a break-up fee of at least $1 billion if the merger is shot down by U.S.
Dish Seeking Cash for Possible T-Mobile Deal
Dish Networks is discussing loans of $10 to $15 billion with banks, reports the Wall Street Journal, which it would use to finance a merger with or acquisition of T-Mobile. Dish and T-Mobile are believed to be holding merger talks, though a deal is not imminent.
ATT has no right to use the word "agressive"!!!
Has Anyone Else Wondered this?
Do people forget that VZN began as one of the Baby Bells?
What I want to know now is...does anyone know the time frame on when I will be able to openly roam on AT&T's network?
What makes you think that the merger break up agreement will allow T-Mobile subs...
Good news but DT still doesn't want T-Mo
Now they Micro Merger
I called it four weeks ago...
Well, this is interesting. AT&T has just put out a press release announcing that AT&T and T-Mobile have withdrawn their nearly 1700 pending license transfer applications with the FCC and that AT&T will book a $4 billion charge this quarter for potential break up fees owed to T-Mobile. However, the press release also states that AT&T and T-Mobile will continue to seek anti trust clearance for the merger.
Hmm, the timing of the press release -- 2:30am on Thanksgiving morning -- is odd to say the least. Usually when companies do a weeken
wonder how their customers feel seeing their carrier throwing cash around lol
The AT&T-T-Mobile merger effectively ended in the wee hours on Thanksgiving morning. The days since have just been denouement. This is what I said that morning:
I think there was a long line of people who said it would not be allowed by the FCC or the DoJ since the buyout was announced and for the very reasons given.
So um yeah. congrats on getting it right several months later.
they better stick to their threat
We should all know it was an empty threat
To everyone here who said....