DaMan
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<center><a href="http://www.bgr.com/2011/12/09/att-ceo-says-blocking-t-mobile-merger-will-increase-wireless-prices"><img class="size-full wp-image-77304 aligncenter" title="att-randall-stephenson" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/02/att-randall-stephenson110216215359.jpg" alt="" width="652" height="446" /></a></center>
AT&T chief executive officer Randall Stephenson recently said in a Captains of Industry interview with <em>Bloomberg</em> that blocking his company’s proposed $39 billion acquisition of T-Mobile USA will increase wireless prices for consumers. Stephenson explained that AT&T needs T-Mobile in order to expand its already strained network capacity, and that Congress doesn’t understand wireless policy. ”Regulators can’t keep up with the changes in the industry,” Stephenson said. AT&T recently <a href="http://www.bgr.com/2011/11/29/att-granted-approval-to-withdraw-t-mobile-merger-application-from-fcc/">withdrew its application</a> from the FCC to acquire T-Mobile USA and said that it will first focus on a lawsuit <a href="http://www.bgr.com/2011/08/31/u-s-government-sues-to-block-att-t-mobile-merger/">brought against the merger by the Department of Justice</a>. Should AT&T win the lawsuit, which is expected to begin in February, the carrier will then likely refile its application to purchase T-Mobile with the FCC.<span id="more-115846"></span>
<a href="http://www.bloomberg.com/news/2011-12-09/at-t-says-blocking-t-mobile-deal-will-lead-to-higher-prices-1-.html">Read</a>
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Via BRG - Boy Genius Report
AT&T chief executive officer Randall Stephenson recently said in a Captains of Industry interview with <em>Bloomberg</em> that blocking his company’s proposed $39 billion acquisition of T-Mobile USA will increase wireless prices for consumers. Stephenson explained that AT&T needs T-Mobile in order to expand its already strained network capacity, and that Congress doesn’t understand wireless policy. ”Regulators can’t keep up with the changes in the industry,” Stephenson said. AT&T recently <a href="http://www.bgr.com/2011/11/29/att-granted-approval-to-withdraw-t-mobile-merger-application-from-fcc/">withdrew its application</a> from the FCC to acquire T-Mobile USA and said that it will first focus on a lawsuit <a href="http://www.bgr.com/2011/08/31/u-s-government-sues-to-block-att-t-mobile-merger/">brought against the merger by the Department of Justice</a>. Should AT&T win the lawsuit, which is expected to begin in February, the carrier will then likely refile its application to purchase T-Mobile with the FCC.<span id="more-115846"></span>
<a href="http://www.bloomberg.com/news/2011-12-09/at-t-says-blocking-t-mobile-deal-will-lead-to-higher-prices-1-.html">Read</a>
<img src="http://feeds.feedburner.com/~r/TheBoyGeniusReport/~4/CjVKRBbs-WY" height="1" width="1"/>
Via BRG - Boy Genius Report
