Sprint Issues Statement Regarding AT&T / T-Mobile Deal
My point exactly.
The DOJ and the FCC must decide if this transaction is in the best interest of consumers and the US economy overall, and determine if innovation and robust competition would be impacted adversely and by this dramatic change in the structure of the industry.
Ensuring a free, robustly competitive market providing consumers with a healthy selection of choices is paramount, yet allowing a merger of this kind could potentially drown smaller companies (such as Sprint and rural carriers) and create a duopoly. I hope the DOJ sincerely considers the gravity of the effect this merger could have upon the market, else the government may be shooting itself in the foot and screwing us consumers in the process.
I await the ...
(continues)
Now a company broken off of that corrupt monopoly, baby bell Southwestern Bell Company; is trying to do again in the wireless industry. The problem is they are facing... another baby bell in Bell Atlantic (Verizon Communications) who in purchasing Alltel last year took steps towards creating this situation.
So do I think that the FTC will stand against it now? No, because someone somewhere is getting paid and will get paid handsomely to allow this to go through. DT wants its 39 bil...
(continues)
thriller1 said:
Sprint had a chance last week to purchase T-Mobile, but did not act now it blames AT&T for making a move. I move from AT&T toT-Mobile because AT&T was too slow to adopting 4G. AT%T starting talking about LTE 4G network three years before Verizon. Verizon was not even on GSM network then. But Verizon beat AT%T to lunch LTE. AT&T is too slow in adopting or updating its network. I will close my acount with T-Mobile and move to Verizon.
Moved to slow to 4g, well yeah they're moving slow, but at least they have some plan to move to 4g. TMO has no 4g, it has hspa+.
If ATT has to divest some of there spectrum or towers or TMO for that matter for this buy out to be approved is Sprint ready to buy it? ๐คจ
andy2373 said:
Sprint has had their chance to turn things around and they have, just not fast enough.
If ATT has to divest some of there spectrum or towers or TMO for that matter for this buy out to be approved is Sprint ready to buy it? ๐คจ
I was thinking the same thing, I guess if they wanted to, but I think you might see some divesting of some AWS spectrum to like Metro or some other smaller company who uses it. Well enough to keep Justice happy.
I strongly suspect that the doj will allow the deal for several reasons. First, our government has traditionally been slow to act regarding monopolies and never to act with regard to emerging monopolies. Second, and this is the hard part, as I think you aptly pointed out they have little choice. Tmobile has little viable options for growth. It's apparent DT was looking to sell and ATT had the money to buy. I think the most we can hope for is that the DOJ hit...
(continues)
The wireless industry would not be in this position of diminishing competition, if the proper scope of the landscape was visioned long term.
This has been my bone of contention from day one. I'm not propping Sprint up on my own emotional feelings. I have supported the smaller carriers for the simple premise of retaining consumer/carrier balance.
John B.
They want to regulate the wireless industry to the point where all the carriers go bankrupt and then they can step in and nationalize the industry, offering wireless telephone service as a kind of national government run utility company....
This administration has nationalized the banks, and nationalized the auto industry, next up they want to nationalize the telecommunications industry, but first they have to destroy the industry as it currently exists. This is their goal.
ATT and Verizon will have now eliminated any chance of faltering. Bankruptcy will highly be stamped out. How would they go broke?
I would however, like to hear more of your theory.
John B.
I sincerely hope job casualties will be minimal.
John B.
See now this is where I disagree, 'competition' is about more than the number of choices, it's about VIABLE choices, and, sorry to say, but in most of the country T-Mobile is simply NOT a viable choice.
Look at the Mp3 player market, there are dozens of options, iPod, Zune, Sandisk, Sony, Phillips, Coby as well as a seemingly endless array of smaller companies offering cheapie players for like $20....
Yet with all these options, is there competition in the Mp3 player market?
Not really...the iPod controls roughly 90% of the market....tons of options, zero meaningful competition and a virtual monopoly by Apple.
On the other hand, look at ga...
(continues)
This forum is closed.