Justice department moves to block AT&T / T-Mobile merger

[YosemiteSam]

Halle-freaking-lujah I've been a T-Mobile customer since 1999 (when they were Voice Stream) I wanted no part of that garbage pail kid AT&T.

To top it off:

However, AT&T has promised T-Mobile $3 billion in cash if the deal doesn't go through, plus spectrum rights and agreements that could be worth billions more.

That's a big win for T-Mobile customers!

LINK

 

[tupperware]

Halle-freaking-lujah I've been a T-Mobile customer since 1999 (when they were Voice Stream) I wanted no part of that garbage pail kid AT&T.

To top it off:


That's a big win for T-Mobile customers!

LINK

Definitely is.

GF cell phone service from Alltel was like $40 a month before Verizon got a hold of them.

 

[Khartun]

Halle-freaking-lujah I've been a T-Mobile customer since 1999 (when they were Voice Stream) I wanted no part of that garbage pail kid AT&T.

To top it off:


That's a big win for T-Mobile customers!

LINK

I told my wife when I heard about this that I bet the government steps in. Just can't see them allowing AT&T to buy up any more of the big companies.

 

[DIAF]

This is not a "win" for consumers, because Deutsche Telekom really, really wants out of T-Mobile and have previously said that the parent has decided to not put any more money into T-Mobile. T-Mobile WILL be sold, whether to AT&T or someone else. DT was in talks with Sprint about selling T-Mo before the AT&T offer.

AT&T will be giving a total of 7billion to T-Mo should the deal fall through. You can bet they will do everything they can to get DOJ approval. The likely scenario is that the DOJ will win concessions from AT&T and then signoff on the merger.

 

[Cowboy Brian]

This is not a "win" for consumers, because Deutsche Telekom really, really wants out of T-Mobile and have previously said that the parent has decided to not put any more money into T-Mobile. T-Mobile WILL be sold, whether to AT&T or someone else. DT was in talks with Sprint about selling T-Mo before the AT&T offer.

AT&T will be giving a total of 7billion to T-Mo should the deal fall through. You can bet they will do everything they can to get DOJ approval. The likely scenario is that the DOJ will win concessions from AT&T and then signoff on the merger.

I was hoping for a t-mobile to sprint deal.. It would create 3 big companies, all close too each other. T-mobile into AT&T leads to sprint dieing within a few years, and that leaves ATT and Verizon.

Screw that.

 

[Cowboy Brian]

However, AT&T has promised T-Mobile $3 billion in cash if the deal doesn't go through, plus spectrum rights and agreements that could be worth billions more.

Can anyone whos worked in business explain why? That just seems mental too me.