After taking flak from the Department of Justice last week for attempting to acquire T-Mobile, AT&T has finally filed a response to the DOJ’s lawsuit today. According to CNET’s report, AT&T claimed in its response that the DOJ fails to understand the benefits of the deal and isn’t painting an accurate picture of the competitive environment. AT&T then reiterated its previously mentioned points about how the acquisition would give AT&T more spectrum and let the carrier provide wireless broadband access to more people, and so on – nothing we haven’t heard before.
AT&T also went on to mention that blocking the acquisition would cause more trouble for T-Mobile – which is banking on the deal to happen since it’s been losing customers and doesn’t have the necessary spectrum to move to a 4G network and its parent, Deutsche Telekom doesn’t plan to invest into it. However, AT&T has expressed an interest in working with the DOJ to overcome the problems that it brought up in its lawsuit.
AT&T still remains confident that it will close the deal, but we’ll soon find out what its chances are when it goes to court with the DOJ on September 21st.RELATED
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- Seen at: news.cnet