We talked about how AT&T’s plans to purchase T-Mobile could very well be derailed as earlier this morning, the Department of Justice (DoJ) did petition to block the potential takeover, citing that this merger might see tens of millions of customers ending up with fewer choices where mobile carriers are concerned – and it could eventually lead to customers paying more for the same kind of service.
Sprint, one of the big four, naturally loved the petition which you can tell via what Vonya B. McCann, senior vice president of Government Affairs for Sprint mention, “The DoJ today delivered a decisive victory for consumers, competition and our country. By filing suit to block AT&T’s proposed takeover of T-Mobile, the DoJ has put consumers’ interests first. Sprint applauds the DOJ for conducting a careful and thorough review and for reaching a just decision – one which will ensure that consumers continue to reap the benefits of a competitive U.S. wireless industry. Contrary to AT&T’s assertions, today’s action will preserve American jobs, strengthen the American economy, and encourage innovation.”
Well, I don’t think that AT&T is just going to sit back and watch everything go by. Surely they would be poring over the law books to see just where they might be able to make the merger with T-Mobile possible. What do you think? [Press Release]RELATED