New York Attorney General to Size-Up AT&T / T-Mobile Deal
Article Comments 48
Mar 29, 2011, 11:48 AM by Eric M. Zeman
New York State Attorney General Eric Schneiderman today said he planned to conduct a thorough review of AT&T's proposed $39 billion acquisition of T-Mobile. In a statement emailed to Bloomberg, he said, "Affordable wireless service and technology, including smart phones and next generation handheld devices, are the bridge to the digital broadband future. We want to ensure all New Yorkers benefit from these important innovations that improve lives." Scheiderman believes the deal may have a greater impact on New York's northern cities (Rochester, Albany, Buffalo and Syracuse) more so than NYC, where citizens have more options available. Schneiderman is concerned that those who use T-Mobile as a low-cost provider may be aversely impacted by the acquisition.
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What's the big deal
Cingular/AT&T has grandfathered it's aquired carriers rate plans and features. From Dobson, Brazos Cellular, AT&T Wireless, Alltel, and others, these folks started off on day one with their existing old carrier rate plan.
So why is everyone worried?
everyone is speculating that as competition decreases, prices will inevitably increase as a result. i agree with that notion for the most part, but i certa...
Seems like this was planned long ago
A Spitzer Clone?