AT&T’s Thursday filing to the FCC related to the T-Mobile USA takeover was accidentally not redacted allowing for some details to come out that they likely would have preferred to stay private. AT&T unintentionally revealed that it would cost them $3.8 billion in additional capital expenditures to build out their … [read full article]
AT&T has begun the process of hiring bankers that will advise the company on how to sell assets in a move to ensure that they will will receive a government stamp for the [read full article]
The Federal Communications Commission informed AT&T late Monday afternoon that it would combine its reviews of the proposed T-Mobile buyout along with their purchase of the 700MHz wireless spectrum currently held by Qualcomm. In a letter issued by the Wireless Telecommunications Bureau the FCC concluded that enough evidence was presented … [read full article]
Cablevision, the 8th largest cable provider in the United States has come out in opposition of the T-Mobile/AT&T takeover talks with the hope it would be able to partner with T-Mobile as a cellular network partner. Cablevision declared their standing in a filing with the FCC arguing against the AT&T deal noting that Cablevision would be … [read full article]
In what can only be described as a taste of things to come provided the AT&T/T-Mobile takeover deal goes through AT&T is rumored to begin throttling data plans come October. AT&T will work to curb data congestion on their network and begin to recoup … [read full article]
While Senator Herb Kohl has already come out in opposition of the proposed AT&T/T-Mobile takeover, his colleague Senator Al Franken has now responded in his own 24-page letter to the Justice Department and FCC. “The merger of AT&T and T-Mobile would be a major step towards … [read full article]
I told you this was one of the most interesting aspects of this merger saga, and it just got more interesting. After posting the Fight The Merger post, AT&T contacted us with this statement: “The claims made by the Bursor & Fisher Law Firm are completely without merit. An arbitrator has no authority to … [read full article]
This has to be one of the most interesting developments in this merger case, if you ask me at least. 11 AT&T customers have gone to the New York-based law firm of Bursor & Fisher to help file an arbitration demand against AT&T, proposing that the merger will be in violation of the Clayton Antitrust Act. … [read full article]
It seems like there has been a bit more resistance against this merger lately, but some analysts don’t think that will stop it from going through. Doubt is starting to set in as Senator Kohl spoke against the merger and the FCC halted the r[read full article]
Okay, Okay, so it’s not an actual shot clock, but the FCC has stopped it anyways. The backstory is that the FCC normally gives 180 days to complete merger reviews, and they just stopped the T-Mobile and AT&T one at 83 days. Stopping it isn’t a big deal, it has been done before, but the reason is very … [read full article]
