A lot of T-Mobile subscribers are dreading the fact that AT&T has officially struck a deal with Deutsche Telekom to acquire T-Mobile USA for $39 billion. Heck, even Sprint is pissed off. But, while the companies have signed a definitive deal, it still has to be approved by the Department of Justice (DOJ) and Federal Communications Commission (FCC). This process can take up to 6 months or more.
Credit Suisse analyst Jonathan Chaplin called the acquisition, “phenomenal…if it happens.” According to Chaplin, the regulatory risk for such a deal is “enormous”. After the acquisition has been completed, it will increase AT&T’s subscriber base to 130 million, making it the nations largest wireless provider, while bumping down Verizon Wireless and its 95 million subscribers to second largest. Not to mention, the acquisition would also make AT&T a monopoly for GSM/EDGE/HSPA+ phones in the U.S.
Resource - http://www.tmonews.com/2011/03/will-an-att-acquisition-of-t-mobile-really-happen/
Credit Suisse analyst Jonathan Chaplin called the acquisition, “phenomenal…if it happens.” According to Chaplin, the regulatory risk for such a deal is “enormous”. After the acquisition has been completed, it will increase AT&T’s subscriber base to 130 million, making it the nations largest wireless provider, while bumping down Verizon Wireless and its 95 million subscribers to second largest. Not to mention, the acquisition would also make AT&T a monopoly for GSM/EDGE/HSPA+ phones in the U.S.
Resource - http://www.tmonews.com/2011/03/will-an-att-acquisition-of-t-mobile-really-happen/
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