AT&T and T-Mobile: A Love Not Meant to Be?

AT&T has announced to the public on Thanksgiving Day about setting aside $4 billion in funds if the merger does not go through or break up fee with Deutsche Telekom, the corporation of T-Mobile. AT&T trying to hide the bad news was a good attempt, but like Andrew Jay Schwartzman, an advocacy group, said, “This turkey is too big to be hidden by releasing it on Thanksgiving.” Too many eyes are on the merger.

The trail will begin on February to block the merger filed by the Department of Justice due to antitrust laws. James Cole, deputy attorney general, said, “We feel the combination of AT&T and T-Mobile would result in tens of millions of consumers across the U.S. facing higher prices, fewer choices, and lower quality products for wireless services.” Some people feel the merger with AT&T and T-Mobile would create a dominant mobile market with Verizon. To give you an idea, the merger with AT&T and Verizon would take two-thirds of the pie of wireless subscribers. Below is the market share chart of the wireless companies and how the competition would look like with AT&T and T-Mobile.

AT&T will continue to drive the merger. People who are against the merger will try to break the deal up. Whichever way the merger goes, hopefully, the decision will be benefiting the public with lower prices and better services.

Source: CNN

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James Hong
James Hong 13 posts

Passionate about video games, tech, anime, nerdy girls, and so much more...