US: T-Mobile, Sprint lay out new merger arguments in FCC filing

US: T-Mobile, Sprint lay out new merger arguments in FCC filing

T-Mobile and Sprint on Tuesday filed their public interest statement to the Federal Communications Commission as part of their bid to merge. The key message in the statement is that their combination would create a single, more powerful company better able to invest in 5G wireless technology. “T-Mobile and Sprint are merging to beat Verizon […]

US: T-Mobile, Sprint announce a plan for merger

US: T-Mobile, Sprint announce a plan for merger

T-Mobile and Sprint have reached a “definitive agreement” to merge in an all-stock deal, which would create a new company with a total value of US$146 billion, based on current stock prices. The two companies, the third- and fourth-largest US wireless carriers, respectively, behind Verizon and AT&T, have been trying to merge for years. But […]

US: T-Mobile looks to join pay-TV market

US: T-Mobile looks to join pay-TV market

The US’s number No. 3 carrier T-Mobile said it will acquire Layer3 TV, which has launched an alternative cutting-the-cord cable service in a handful of markets and plans to go national in 2018. The move will help T-Mobile compete with rival AT&T, which owns DirecTV and markets the pay service to its customers in bundles […]

US: T-Mobile will be part of merger talks

US: T-Mobile will be part of merger talks

T-Mobile US will very likely be part of merger talks in the United States and its strong position there should give it time to find the best fit, its parent Deutsche Telekom said on Thursday. “Purely theoretically, we can see several advantages to consolidation and convergence,” Deutsche Telekom Chief Executive Tim Hoettges told reporters after […]

US: T-Mobile CEO says they are ready to talk merger

US: T-Mobile CEO says they are ready to talk merger

T-Mobile US CEO, John Legere, has confirmed plans to engage in merger talks once the US Federal Communication Commission lifts its ban, on April 27. The remarks come on the wireless company posting better than expected quarterly earnings and on experiencing customer growth. During the earnings call, the CEO reiterated that they are ready to […]

Crony Capitalism and Antitrust

Maurice Stucke, Oct 31, 2011 This flexibility in legal standards is attractive to testifying experts, lobbyists, and antitrust counsel who “know” and “can work” with the FTC and the DOJ to get the merger through. It is far from desirable for corporate executives who need to know what is legal or illegal, as well as […]

Oops, They Did it Again: What We Didn’t Learn From U.S. v. Microsoft

Larry Downes, Oct 31, 2011 On Aug 31, 2011, the Department of Justice, joined later by seven state attorneys general filed suit to block AT&T’s pending merger with T-Mobile USA. To be sure, the Department of Justice has never expressed any regret over the Microsoft case or any other recent antitrust action. But the decision […]

Can the President of the United States Order the Attorney General to Drop a Case?

Anant Raut, Oct 31, 2011 Last month, 15 Democrats and 100 Republicans signed separate letters endorsing the proposed AT&T-T-Mobile merger and urging the Obama administration to drop the lawsuit brought by the Department of Justice’s Antitrust Division to block it. The fact that nearly all of the signatories turned out to have received thousands of […]