The Wall Street Journal just reported that FCC Chairman Julius Genachowski is moving to join the Department of Justice in rejecting AT&T’s proposed takeover of T-Mobile. Genachowski will reportedly call for an “administrative hearing” in tandem with the DoJ’s suit to block the merger. This signals that the prospects for approval of this merger are next to [...]
Tag Archives | at&t
AT&T’s attempt to take over T-Mobile is falling apart
Last week the Justice Department announced it was suing to stop the deal; its leading antitrust attorney said, “Unless this merger is blocked, competition and innovation will be reduced, and consumers will suffer.” AT&T’s lawyers and PR team are now scrambling to revive this disastrous deal, but they’re beginning to sound like sore losers. They’re [...]
DOJ Files to Block AT&T’s Purchase of T-Mobile
According to a Bloomberg report, earlier today the U.S. Department of Justice filed to block AT&T’s US$39 billion acquisition of T-Mobile USA Inc. Their reasons? The DOJ felt the deal would “substantially lessen competition” in the wireless market and would violate U.S. antitrust law. Read the full story at pocketnow.com
AT&T to throttle “top 5%” of data users starting in October
When is “unlimited” not really “unlimited”? When there are limits, of course! In this case those limits are coming in the form of reduced data throughput for users who have been grandfathered on one of AT&T’s “unlimited” plans. “Starting October 1 [2011], smartphone customers with unlimited data plans may experience reduced speeds once their usage [...]
AT&T got in trouble for being a monopoly, but that was like 30 years ago
It’s kind of funny that AT&T once got in trouble for being a monopoly. But that was like 30 years ago — it’s not like it’s the ’80s anymore… Right?
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