AT&T contributed to the campaign of Democrats who support the AT&T/T-Mobile deal
That might not be as bad as it looks, because after all, the company remains the largest corporate contributor to Congress over the last 20 years. During the last election cycle, AT&T passed out some money to 391 of the 435 members of the House and spread the largess to 78 of the 100 Senators in D.C.
The two top recipients of AT&T's cash were House Speaker John Boehner (Ohio-R), who received $77,300 and Senate Majority Leader Harry Reid (Nevada-D), who received $36,150. Ironically, neither of the two were among the 72 lawmakers who signed the letter. For a list of the lawmakers who signed the letter and received a contribution from an AT&T related PAC, click on the source link.
source: PaidContent via TmoNews
1. Whateverman (Posts: 3188; Member since: 17 May 2009)
Great! An article for the Miz to comment on.
8. tuminatr (Posts: 678; Member since: 23 Feb 2009)
now I know the deal is going through, the best cell phone company money can buy
44. Whateverman (Posts: 3188; Member since: 17 May 2009)
Interesting. Did you know during his eight years president bush spent 487 days at camp David and another 490 days at his ranch, on vacation. Any criticism for good ol' George?
45. Whateverman (Posts: 3188; Member since: 17 May 2009)
Opps, wrong spot! I guess it doesn't matter. It looks like PA deleted all the Miz comments anyway.
46. The_Miz (Posts: 1496; Member since: 06 Apr 2011)
You pulling stuff out of your ass is reason why that comment stinks.
48. Connan (unregistered)
The Miz is AWESOOOOOOOOMMMMMEEEE!
49. Whateverman (Posts: 3188; Member since: 17 May 2009)
No, there was actually an article written about it with CBS as one of the prime sources. Go ahead and look it up. But when you see that I am telling the truth, will you be consistent with your criticism? Something tells me you won't.
50. The_Miz (Posts: 1496; Member since: 06 Apr 2011)
Yeah, because CBS is sooo legit. Try again.
3. monstermash123 (unregistered)
I knew the deal would go through. It's monopolistic, but as long as there are palms willing to get greased, deals like this will go through. Whatever, there's still Simple Mobile and Virgin Mobile.
4. cnwwyo (Posts: 125; Member since: 26 May 2011)
This is exactly why nobody should support Gay T & T
17. Psychic (unregistered)
What is this? The 20th century?
33. aztaxia12295 (Posts: 265; Member since: 22 Nov 2009)
no, it's the day ny legalized gay marriage.
47. Connan (unregistered)
5. archangel9 (Posts: 230; Member since: 07 Feb 2010)
Money talks .....its a done deal .Verizon isn't unlimited no more starting July 7th.
6. Bogus (unregistered)
This is proof that everyone can be bought for a price.. Does your vote count I don't think so..
7. DOGIEFRESH (Posts: 302; Member since: 15 Jul 2009)
Well ATT gave cash to senators in contrast to VZW received money from goverment....!!!!!
9. archangel9 (Posts: 230; Member since: 07 Feb 2010)
Exactly. I think everyone on here needs to watch the senate hearings when ATT first bought TMo for $39,000,000,000.00.Sprint did it to Nextel in 2005 for $35,000,000.
10. queso es grande uno (unregistered)
Now that this deal has gone through, Verizon knows it can buy sprint too...
12. axllebeer (Posts: 265; Member since: 05 Apr 2011)
Hate to see it as I'm a Sprint customer. But you may very well be right there.
16. Whateverman (Posts: 3188; Member since: 17 May 2009)
@DOGIEFRESH. VZW didn't get any money from the government. That was Verizon the landline company. Two different companies.
22. Gawain (Posts: 349; Member since: 15 Apr 2010)
Even that is not correct. First, VZW, 55% owned by VZComm makes no difference. Also, the TARP funds that were associated with the telcos (AT&T included) were associated with floating daily credit facilities that large companies use all the time.
When huge amounts of money are involved, the interest write-offs are considerable. VZComm, AT&T, TDS, CenturyLink, et al, were not "bailed out". Whatever monies from TARP that were involved weren't "handed out" as a life line to the telcos, it was handed to the banks that facilitate these transactions with large customers.
26. Whateverman (Posts: 3188; Member since: 17 May 2009)
See! Ya learn something new everyday around here.
14. VIVIT (unregistered)
Any company that lobbies anyone in congress is essentially bribing them.
15. MattRulezD00D (Posts: 5; Member since: 17 Jun 2011)
Paying government figures to get something passed? Wow this is new.
20. Immolate (Posts: 274; Member since: 17 Jun 2011)
I think all of us can understand that AT&T buying T-Mobile is against our interests. T-Mobile has been an innovative company lately, and they have helped raise the bar. With them out of the picture, there will be less actual competition to prod AT&T and Verizon into trying to meet customer needs.
There are a lot of mobile phone companies out there, but what matters to you is how many there are in your area that meet your basic requirements. Chances are you have AT&T, Verizon, Sprint and maybe some others. The death of T-Mobile is a significant reduction of choice.
Think of it this way: the fewer credible competitors there are in a market, the less responsive companies become to the buyer, until there are no credible competitors and the remaining company becomes functionally unresponsive.
Frankly, there is more choice in the mobile phone market than many others, so I doubt that the palm-greasing that went on was about trying to get the FTC to make an exception to whatever rules they play by. I expect that most of those campaign contributions would have been made in any case. Did AT&T step things up a bit to ensure a smooth process? No doubt. Did they bribe legislators to cheat? I could be wrong, but I don't think so.
27. Phoneguy007 (Posts: 218; Member since: 02 Jun 2011)
beside that.... you people forget that att is not forcing tmoble to sell there company to them....tmoble dont want its customers anymore they have been trying to sell for years now.
32. iHateCrapple (Posts: 734; Member since: 12 Feb 2010)
Ok, well no one cares about the corporate mindset. This isn't about the companies choice, it's about the consumer choices that will be left.
21. christianqwerty (Posts: 460; Member since: 05 May 2011)
att, i support the merger, where's my monnnayy
42. InspectorGadget80 (Posts: 6241; Member since: 26 Mar 2011)
AT&T also probably gave them a free Iphone just a thought guys. and as long they pay their Senators MONEY $$$. But it have to get through the FCC. And I'm sure AT&T would love to see T-Mobile disappear like the way they did to Cingular Wireless which I miss so damn much. I don't want to see T-Mobile remove from the big 4 wireless service. also don't want T-Mobile consumers have their unlimited data package remove it's bad for business and even more bad for business that AT&T FORCE T-MOBILE stores to close down in certain cities. THEIR TOO DAMN GREEDY
51. The_Miz (Posts: 1496; Member since: 06 Apr 2011)
Oh look, my comments about the democrats ruining things by letting this bs deal go through has been deleted. Lol, I guess Phonearena has to keep themselves running considering it's all called "free speech."