Not so many years ago, the folks at AT&T were so confident they could acquire the little pink wireless company called T-Mobile that they bet billions of dollars in cash and spectrum that the deal would go through. Then both the FCC and the Justice Dept. said they would fight the merger and AT&T ultimately left T-Mobile stranded at the altar. The head of the DOJ’s Antitrust division says that what has happened since that failed marriage is evidence that regulators did the right thing. [More]
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It Was All For The Best That T-Mobile And AT&T Never Got Hitched
Back in 2011, T-Mobile and AT&T announced plans to join together in wedded merger-mony, until bankruptcy liquidation do they part. But then their love affair was ended as the Justice Dept. and FCC both made it clear they disapproved of the union. Here we are, nearly two years on and some are making the argument that it was all for the best that T-Mobile didn’t end up moving into the Death Star. [More]