When AT&T slowed down Matt Spaccarelli's unlimited data plan on his iPhone, the unemployed truck driver from Simi Valley, Calif. took the country's largest phone company to court. And as a surprise to all, he won.
But Spaccarelli's victory rings hollow. In fact, the route he was forced to take -- suing AT&T by himself as opposed to employing a more influential and wider ranging class-action lawsuit -- illustrates just how difficult it is to change a carrier's business practice through legal means. Rather than big changes and a return of his … Read more
AT&T didn't hold much back in a withering response to the Federal Communications Commission report that slammed its proposed takeover of T-Mobile USA.
The Dallas telecommunications giant, struggling to save its $39 billion deal, called the FCC report "one-sided" and suggested that the regulators went into the process looking to sink the merger.
"The document is so obviously one-sided that any fair-minded person reading it is left with the clear impression that it is an advocacy piece, and not a considered analysis," Jim Cicconi, head of external and legislative affairs for AT&… Read more
AT&T suffered a minor blow to an already-hobbled campaign to acquire T-Mobile USA today, when the Federal Communications Commission decided that it would share its concerns about the deal.
The FCC plans to release a staff report detailing the concerns, according to The Wall Street Journal. AT&T did, however, win approval from the FCC to withdraw its application for the $39 billion acquisition.
The decision comes after AT&T on Thursday opted to withdraw the application and take a $4 billion charge to cover the possibility that the deal falls apart. The move sparked a … Read more
With AT&T's deal to acquire T-Mobile USA on life support, T-Mobile may need to start considering a Plan B.
By itself, T-Mobile is a wireless operator struggling to keep its best customers from leaving. Over the past several months, the carrier has aggressively cut prices and made itself a haven for bargain seekers--all for the sake of sparking a little growth. As a result, it resembles more of large prepaid carrier than one of the traditional national players.
But with the promised breakup fee from AT&T if the deal isn't approved, including $3 billion … Read more
AT&T's fight with Sprint Nextel over its right to buy T-Mobile USA keeps getting uglier.
The latest move by AT&T: claiming Sprint is two-faced, pointing out contradictions between its publicly made arguments and its confidential responses to the Federal Communications Commission. AT&T won the right to access Sprint's confidential documents because it needs to prepare for its defense against the Department of Justice. AT&T filed a document pointing out the difference in opinion to the FCC.
The war of words has gotten increasingly bitter, as AT&T scrambles to … Read more
U.S. Attorney General Eric Holder told lawmakers today that the Justice Department's antitrust division is "ready and eager" to pursue its lawsuit and stop AT&T's acquisition of T-Mobile USA.
Holder said the division is "committed to seeing this through," Reuters reported today. Holder was speaking at an oversight meeting with the Judiciary Committee's antitrust panel.
In August, the Justice Department sued to block the proposed $39 billion merger, putting the brakes on what many in the industry assumed to be a done deal. The Justice Department cited concern over competition … Read more
The merger between AT&T and T-Mobile USA would create more than 100,000 jobs in the United States, a major telecommunications union said today, again putting its weight behind the deal.
The Communications Workers of America said a new analysis has found that the deal, which would combine the second- and fourth-largest U.S. wireless carriers, would create an additional 96,000 jobs, alongside the 5,000 outsourced jobs AT&T has pledged to bring back.
The CWA also lashed out at opponents of the deal, noting that their concerns over lost jobs stemmed from "sloppy … Read more
AT&T recorded a minor victory after Sprint Nextel was ordered to hand over internal documents to its rival.
The two companies continue to be bitterly locked over AT&T's proposed acquisition of Mobile USA, which Sprint has fiercely fought against. U.S. Special Master Richard Levie ruled yesterday that Sprint would have to hand over additional critical documents to AT&T that it hadn't already given to the U.S. Justice Department, Bloomberg BusinessWeek reported yesterday.
AT&T had originally sought even more documents, which give insight into Sprint's game plan and … Read more
The regulatory scrutiny is starting to get to AT&T and its bid to acquire T-Mobile USA.
AT&T disclosed in its quarterly regulatory filing that it now expects the deal to close in the first half of 2012, compared with its previous target of the first quarter. The Dow Jones Newswires was the first to report the change.
The regulatory scrutiny has also caused it to push back the target date for its acquisition of spectrum from Qualcomm. AT&T now expects that deal to close in the first quarter of 2012, rather than the end … Read more