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Leaked AT&T Filing Fuels Critics' Claims That T-Mobile Acquisition Is Anticompetitive

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 06:30 PM
Original message
Leaked AT&T Filing Fuels Critics' Claims That T-Mobile Acquisition Is Anticompetitive
Edited on Fri Aug-12-11 06:37 PM by cal04
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.php

AT&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
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RC Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 06:42 PM
Response to Original message
1. We knew that. It is a good thing the acquisition is falling apart.
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DCKit Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 07:03 PM
Response to Original message
2. I can't claim that I actually worked on the case personally....
but I have it on good authority that it's a scam... and anti-competitive, too boot.

The law firm(s) who worked with AT&T on this must be in collusion. But I wouldn't know since I didn't work there, or do any data analysis on the documents or the determinations of what was pertinent to the merger, so I can't possibly know just how skeezy it is.

For all I know the law firm may have directed the para-legals to type something like "not pertinent" over all the documents they wanted to hide. It's a common (sickening) practice in big mergers and criminal cases and our current DOJ isn't up to the task of sorting that shit out - they all went to Liberty University.

I joined DU soon after I didn't work on this case, and I think I posted some shit that I didn't hear or really know about way back then.

Hell, I thought it was a done deal already.
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givemebackmycountry Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 07:59 PM
Response to Original message
3. I work for Spr**t and if this goes through
We're gonna get crushed.
We will go from #3 to insignificant in no time.
Then, Verizon or AT&T will get what's left of the carcass.
America!
Where crapitalism rules!

(and 24 years plus will evaporate quickly, because that's how long I have invested in what is a very good company).
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Sen. Walter Sobchak Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 09:00 PM
Response to Reply #3
4. You might not want to read this...
A private equity group is coming for Sprint and what they have planned is a complete dismembering that includes spinning off SprintLink and Nextel and selling their CDMA network to Verizon. What remains of Sprint will be transformed into an MVNO that leases capacity on the Verizon network.
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givemebackmycountry Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-12-11 10:14 PM
Response to Reply #4
5. You are going to have to come with more than that.
I'm not in customer service, and I work for one of the most profitable divisions in the company, and we are signing contracts left and right.
Our customers are names that are widely recognized, and they are doing business with us because we provide a higher level of customer service than AT&T and Verizon.
I'm not in the cellphone division.

We are a player.
PM me and tell me more...
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