AT&T's Chief Marketing Officer, John Stephens, took the opportunity to comment on Sprint's apparent intent to acquire T-Mobile, USA's fourth largest carrier. Stephens said that AT&T has pushed for industry consolidation in the past, because of increasing data demands and capital requirements to upgrade networks amidst the shrinkage of available spectrum. However, he expressed skepticism towards the possibility of a Sprint/T-Mobile merger, perhaps owing to AT&T's failed attempt to acquire T-Mo in 2011. Due to regulatory disapproval, the $39 billion proposed takeover crashed and burned. It ended with T-Mobile receiving $1 billion worth of AT&T spectrum, while $3 billion was paid to Deutsche Telecom (T-mo's owners) in a "break-up fee". Having played and lost this tricky game before, Stephens said that "it would be surprising" if the federal regulators decided to change their minds and approve the deal. "I don't think they will." - added the CFO.
AT&T CFO John Stephens
The AT&T CFO is also skeptical about the carrier's business prospects in Europe. He confessed that "the window of opportunity on owning assets in Europe may be closing". This uncertainty could be attributed to the company's recent discouragement of acquiring Vodafone in Britain. For now, it seems that AT&T, jokingly referred to as the "Death Star", will retain its focus on the US side of the planet.
via Fierce Wireless