Leaked Letter Raises Questions About AT&T's Merger Motives

Started by ECTNews, Aug 17, 2011, 09:02 PM

ECTNews

 A partially redacted letter supposedly sent from AT&T to the FCC has raised new questions about the pending merger between AT&T and T-Mobile, bringing to light the money at stake and whether the merger is necessary, as AT&T claims, to expand wireless broadband coverage. Since February, AT&T, the second largest mobile network in the U.S., has been pushing for approval to acquire T-Mobile, the fourth largest, for approximately $39 billion. The announcement was met with fierce opposition from other networks, most notably Sprint.

e-Commerce Times