03/12/2013, It looks as though those reports of T-Mobile possibly laying off over 100 people once it merges with MetroPCS is one step closer to become true as not only did the Department of Justice give the A-OK for the merger to occur, but today, the FCC also gave their blessing for the merger. FCC Chairman Julius Genachowski released a statement in regards to the merger saying is “in the public interest” […]
03/07/2013, Earlier this morning, the US Department of Justice gave the T-Mobile / MetroPCS merger its official green light in the form of a 30-day waiting period, which expires is there are no objections made within those 30 days. But it looks as though T-Mobile is a little too eager to get the merger ball rolling as it seems the company may already be performing a significant round of layoffs within […]
12/13/2011, The AT&T and T-Mobile merger deal isn’t looking so good. Some analysts have even gone as far as claiming that the deal is on its death bed, although given the huge obstacles and the amount of opposition that both AT&T and T-Mobile had to face, we can’t help but agree to a certain extent, but it seems that AT&T is now trying to salvage what’s left of the deal by […]
12/12/2011, Despite pretty much the majority of the tech industry nodding their heads in approval at the Google-Motorola Mobility acquisition, and with Motorola Mobility’s shareholders giving them the greenlight to go ahead with this new venture, it appears that antitrust regulators in the EU have temporarily halted the review of the acquisition to obtain “certain documents that are essential to its evaluation of the transaction”.
11/25/2011, If you’re the type that believes in negative energy and whatnot, it appears that with all of their detractors and even the government going against their merger, AT&T has withdrawn their application from the FCC that requested approval for a merger between AT&T and T-Mobile, a deal that was valued at $39 billion.
11/23/2011, The AT&T/T-Mobile merger is not looked upon favorably by many, especially regulatory bodies like the FCC, along with carriers such as Sprint who would effectively end up being the smallest amongst the four major carriers should this merger go through. The department of justice has filed an antitrust lawsuit to block the transaction, but the chairman of the FCC, Julius Genachowski has a backup plan in case the block falls […]
10/13/2011, We all know that Microsoft picked up Skype for a cool $8.5 billion in May earlier this year, with boards of directors from both Microsoft and Skype having approved the acquisition previously. Well, not much was heard concerning this merger since then, but at least Microsoft has stepped forward at long last to welcome Skype to their fold in an official manner. Basically, Skype is now part of Microsoft, with […]
10/03/2011, Rhapsody must have looked upon Napster with a longing, and in another case of a corporate giant swallowing up smaller entities, America’s largest on-demand music service has decided to fork out the dough to acquire Napster’s subscriber base in order to extend their leadership position to the next level.
09/29/2011, The AT&T and T-Mobile merger has been getting quite a bit of attention lately, with just about everyone thinking that this is a bad move. Meanwhile another major acquisition, Google and Motorola Mobility, has been rather quiet and keeping to the background, at least until now where the DOJ (Department of Justice) has decided to take a closer look at the $12.5 billion deal.
09/22/2011, The AT&T and T-Mobile merger is certainly not looking well at the moment. It seems that there are many who do not wish to see the merger go through, among them being Sprint and Cellular South and even the Department of Justice, with all three tossing lawsuits AT&T’s way in order to prevent the merger from happening. Understandably Sprint and Cellular South, both carriers, do not want to see it […]
09/20/2011, It looks like we have another member to add to the Department of Justice’s growing army of supporters against the AT&T-T-Mobile merger. Cellular South, one of the smaller carriers in the country has expressed its displeasure against the proposed acquisition by filing a complaint against AT&T in federal court Washington yesterday. I guess nobody bought into AT&T’s plans of selling off its assets to smaller carriers so there won’t be […]
09/19/2011, While the merger of AT&T and T-Mobile benefits both companies the most, and even though on paper they claim that it will benefit the rest of the country, not many are convinced, especially with the DoJ launching a lawsuit in an attempt to stop the merger and lately with seven states coming forward and opposing the merger as well.
09/16/2011, Bad news for AT&T and those in favor of the carrier’s attempted acquisition of T-Mobile. It looks like the Department of Justice has garnered more troops in support of opposing the merger. It has been reported that seven states will be backing the Department of Justice’s lawsuit against AT&T. The seven states against the merger are: New York, Washington, California, Illinois, Massachusetts, Ohio and Pennsylvania. With over a third of […]
09/09/2011, 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 […]