Verizon Wireless Snags Centennial Communications Assets
Acquisitions
Azeron said:
AT&T and VZW are each others favorite trading partners when divestitures are required as a condition of "mergers". Curious...
Of course. Sprint has all the assets they want and T-mo is too broke to consider anything outside of urban areas.
I would think that would have been a much easier alternative and transition...
...but like one of the other posters said, T-Mobile might be too broke to afford taking that over. maybe?
This was a part of the capital swap associated with the Altell acquisition. This was mandated to them in order to complete that purchase. AT&T bought up some licenses that Verizon had to divest, and, in doing so, they had to swap some other licenses as well.
First, this swap wasn't Verizon's or AT&T's idea. The Department of Justice forced them.
Second, this is what baffles me, is that the people with the most money aren't allowed to spend it? True, we don't want a true monopoly in the US for several reasons. However, I doubt it will ever come to that. There are dozens of network providers and dozens more MVNO's out there to ensure that competition exists. Sprint is celebrated for being the spectrum rich company due to its dealings. However, when Verizon or AT&T try to increase their spectrum holdings, its a negative?
I understand that we need to prevent these companies from overdoing things, but these small license exchanges are ...
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While this is a true statement, spectrum holdings are not a concern for Verizon , ATT or even the government. Verizon and ATT have enough spectrum share to cover the population. That's all they care about. Being the largest in subs and clientele, is better for business image than spectral holdings.
So a duopoly is a far safer bet for government to allow swapping of assets without some sort of backlash rather than a monopoly. If I thought for one minute that government officials weren't lining thier pockets with shareholdings of the two largest carriers, I think Sprint and...
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T-Mobile is not the small fry on the block. Their US presence is comparatively small, but, internationally, they are one of the top carriers.
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