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News About AT&T

December 21st, 2011

If you’re a T-Mobile or AT&T customer that was or wasn’t looking forward to the merger between the two companies well you don’t have to wait anymore. AT&T is throwing in the towel and giving up on the merger.   Apparently the FCC and the DOJ blocking of the merger helped fight off AT&T. Here is AT&T’s statement:

“The actions by the Federal Communications Commission and the Department of Justice to block this transaction do not change the realities of the U.S. wireless industry. It is one of the most fiercely competitive industries in the world, with a mounting need for more spectrum that has not diminished and must be addressed immediately. The AT&T and T-Mobile USA combination would have offered an interim solution to this spectrum shortage. In the absence of such steps, customers will be harmed and needed investment will be stifled.”

Well looks like the wireless industry will stay the same for now.  I wonder if Sprint will try to purchase T-Mobile? What do you think will happen next, let us know in the comment section!Thanks for yoru reading.

Author: Jessie Categories: News & Updates Tags: ,

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