The FCC has sent a letter to AT&T asking for more details about the number of US jobs which would be created and eliminated by their proposed buyout of T-Mobile USA.
AT&T, the number 2 wireless carrier in the US, is attempting to buy the number 4 carrier from corporate parent Deutsche Telekom. The deal is opposed by the Justice Department on antitrust grounds.
In their letter, FCC ... [ read the full article ]
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And you thought the deal was dead because the DOJ was investigating. In the age of limitless corporate lobbying, no deal is dead until they've spent enough money. I use lobbying loosely, bribery is more the appropriate term.
Originally posted by llongtheD: And you thought the deal was dead because the DOJ was investigating. In the age of limitless corporate lobbying, no deal is dead until they've spent enough money. I use lobbying loosely, bribery is more the appropriate term.
One might also consider it extortion on the part of government officials..."I won't let you get away with this murder...unless you pay me."
It's obvious that DT wants out of the US market since they're not even going to spend any money to build a LTE network for T-Mobile USA, the only problem is that AT&T is the one who wants to buy them. Maybe Google should go ahead and buy T-Mobile and add a carrier to its portfolio.
T-Mobile isn't building an LTE network because they have the fastest 4G network in the country already, and because all of the "LTE" networks are actually "Pre-LTE" networks anyway.
Originally posted by KillerBug: T-Mobile isn't building an LTE network because they have the fastest 4G network in the country already, and because all of the "LTE" networks are actually "Pre-LTE" networks anyway.
True story, T-Mobiles network is HSPA +, which can actually produce speeds much greater than that of current LTE networks.... Only issue is they may not be coming to your area right away.... I know my area is getting held back by the Verizon Comcast connection... Extorting prices on signal usage before they release our network upgrade....
Originally posted by KillerBug: T-Mobile isn't building an LTE network because they have the fastest 4G network in the country already, and because all of the "LTE" networks are actually "Pre-LTE" networks anyway.
True story, T-Mobiles network is HSPA +, which can actually produce speeds much greater than that of current LTE networks.... Only issue is they may not be coming to your area right away.... I know my area is getting held back by the Verizon Comcast connection... Extorting prices on signal usage before they release our network upgrade....
At least that's a better reason than living in a po'dunk nowhere land that will absolutely never see an upgrade simply because the population doesn't scream profit lol not that I can blame them.
The title of the article suggests that FCC is on the verge of granting approval to takeover. All they want are employment projections - probably regardless of what they are! These can be way off just like Dubya going to war in Iraq and not finding any WMD as a "after the fact".
AT&T can very easily paint a very rosy picture and subsequently (meaning after the merger) come up with a lame excuse blaming the economy !
