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Old 09-01-2011, 07:33 AM   #1
afa
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U.S. Justice Dept. moves to block AT&T, T-Mobile merger

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The U.S. government on Wednesday officially filed suit to block AT&T’s proposed $39 billion acquisition of T-Mobile.

The reason? The acquisition of America’s fourth-largest carrier by its second-largest would “substantially lessen competition” in the industry, violating U.S. antitrust law.
The full article, as well as the official complaint, are available here.
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Old 09-01-2011, 10:42 AM   #2
Dylrob
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Oh thank god. AT&T and Verizon aren't exactly "aggressive" competitors. Things can only get worse as the number of other carriers diminishes.

Last edited by Dylrob; 09-01-2011 at 10:53 AM.
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Old 09-01-2011, 11:19 AM   #3
RainingLemur
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Originally Posted by Dylrob View Post
Oh thank god. AT&T and Verizon aren't exactly "aggressive" competitors. Things can only get worse as the number of other carriers diminishes.
As a Verizon customer, I....agree with this. I hope the merger gets blocked.
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Old 09-01-2011, 11:34 AM   #4
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Even though I started the topic, I have absolutely no opinion on it, since I don't live in US and don't really give a crap what happens to the telecom industry there...

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