Leaked AT&T Filing Fuels Critics' Claims That T-Mobile Acquisition Is Anticompetitive
http://idealab.talkingpointsmemo.com/2011/08/leaked-att-filing-fuels-critics-claims-that-t-mobile-acquisition-is-anticompetitive.phpAT&T inadvertently uploaded a document to the Federal Communications Commission's web site on Thursday that shows that it wasn't prepared to spend $3.8 billion to roll out its next generation wireless technology to cover 80 perent of the U.S. population.
The filing, which was subsequently removed, was caught by two industry trade publications Communications Daily, and Wireless Week.
Wireless Week reports that AT&T's lawyers argued in its filing that the T-Mobile merger would help it to absorb the capital costs of building out its network to reach 97 percent of the population in the U.S. -- a promise that it's made to politicians and regulators if it were allowed to follow through with its acquisition of T-Mobile from Deutsche Telekom.
On Friday, the influential media and telecom reform group Free Press capitalized on the news and sent out an alert that said that the leaked document shows that the real reason AT&T wants to acquire T-Mobile is to squash competition.
more at link Leaked AT&T Letter Demolishes Case For T-Mobile Merger
http://www.broadbandreports.com/shownews/Leaked-ATT-Letter-Demolishes-Case-For-TMobile-Merger-115652