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AT&T sees Q1 2012 approval for T-Mobile acquisition

Posted: , by Alan F.

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AT&T sees Q1 2012 approval for T-Mobile acquisition
Because of the size of the deal, AT&T's planned acquisition of T-Mobile for $39 billion must get approval from both the FTC and the Justice Department. Those who oppose or are in favor the deal had until Monday to register their opinion with both agencies. You can be sure that Sprint CEO Dan Hesse had a few choice words to pass along to the government as he has been the most vocal in the industry against the deal.

Now that the deadline to pass along an opinion has passed, AT&T says that it is on target to receive government approval to buy T-Mobile in the first quarter of 2012. AT&T has passed along a second set of data about the deal which was requested by the Justice Department. AT&T General Counsel Wayne Watts told reporters on Tuesday that the governmental agencies have been fair and thorough and that the review has been exactly what the carrier expected. He said, "Here we are the day after those comments are in, and I can tell you I have not been surprised by anything that has happened in that process."AT&T says that it needs to complete the deal to improve service to its customers. The carrier has promised its customers that it will offer next-gen 4G service to 97% of the U.S. population.

For its part, T-Mobile says that it needs to be acquired by a company with deep-pockets like AT&T because its parent company, Deutsche Telekom AG, is unable to keep making the investment necessary to handle T-Mobile customers' never ending increase in data usage. The major complaints against the deal focus on AT&T locking up additional spectrum by buying T-Mobile, and the resultant duopoly with Verizon that could be created when the nation's number one carrier swallows up number four. Sprint, the number three carrier in the U.S., is well behind Verizon in the number of subscribers it serves.

Watts refused to discuss what kind of conditions, if any, that the two agencies might place on AT&T to close the deal. AT&T, he said, is not worried about conditions. He says the company is focusing on getting the deal done.

source: Yahoo

19 Comments
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posted on 21 Jun 2011, 22:36 6

1. clevername (Posts: 1428; Member since: 11 Jul 2008)


I have the same feeling i had when Palpatine gained control of the senate and then again when the Jedi were killed. Its like the creation of the empire all over again.

Thing is, I've always been a fan of the darkside.

posted on 21 Jun 2011, 22:41 3

3. vvelez5 (Posts: 623; Member since: 29 Jan 2011)


Darkside of the moon was a good album though. So the darkside isn't too bad.

posted on 22 Jun 2011, 10:44

12. Phoneguy007 (Posts: 218; Member since: 02 Jun 2011)


darkside rocks!

posted on 21 Jun 2011, 22:39 7

2. vvelez5 (Posts: 623; Member since: 29 Jan 2011)


Sit back, relax and watch AT&T become the nations largest wireless provider. Capitalism at its finest. Now I will sit back, relax and watch how everyone on here says how this will turn into a duopoly. Oh and deduct points.

posted on 22 Jun 2011, 00:45 1

5. Droid_X_Doug (Posts: 5536; Member since: 22 Dec 2010)


Meh. It ain't over until the fat lady sings. The conditions that the government comes back with for AT&T-Mobile to do the deal may be objectionable to AT&T. Things like having to rent spectrum to small regional carriers at the best price that AT&T-Mobile prices to its major corporate customers, for example. Another condition that I would imagine AT&T-Mobile would probably object to would be a requirement to divest itself of subscribers in markets that would be too concentrated post merger.

I suspect that AT&T-Mobile is putting the best face on the process. Unless of course, the fix is in.

posted on 22 Jun 2011, 09:01

10. corps1089 (Posts: 492; Member since: 20 Jan 2010)


They most likley will become the nations largest provider since Obama has publicly stated he wants bandwidth resolution.

I think Sprint is most likley posturing since thier uphill battle will become more uphill if the deal goes through, even though Hesse has valid points.

You won't catch me on ATT/Tmobile amoung the plurality of subscribers...

posted on 22 Jun 2011, 00:17 2

4. archangel9 (Posts: 230; Member since: 07 Feb 2010)


People can bitch and whine all they want but at the end of the day money talks bulls**t run the decaltholon period. Capitalism at its finest! Besides they covered all the bases as far as 3g and HSPA+ and now LTE ,three stream layers of data and voice ,better reception and a array of devices I.e. Sensation 4g. Vzw only got 3g and LTE.

posted on 22 Jun 2011, 02:30

7. archangel9 (Posts: 230; Member since: 07 Feb 2010)


Yeah its true.

posted on 26 Jun 2011, 12:15

18. lollipop (Posts: 43; Member since: 15 Feb 2011)


How did they prove anything? At&t 's network and T-mobile's cover the same areas with very few exception. And you say HSPA+ like it is a good thing.... HSPA+ s as relevent as 3G CDMA.... I.E it is a relic that T-mo and Att are building out because they don't want to pay money to cover their entire coverage areas with LTE.

This deal is a hoax... Their 3g and 4g map never be the size of Verizon's simplty because Att doesn't care. We are talking about a carrier that's 3G foot print hasn't noticebly changed since 2008.....

posted on 22 Jun 2011, 08:29 3

8. The_Miz (Posts: 1496; Member since: 06 Apr 2011)


And this is why the US is full of morons in office if this bull**** deal goes through. AT&T WILL be a monopoly on the GSM side of things, but rather than fix their crappy network, they opt out to buy T-Mobile and essentially destroy competition in the wireless industry.

posted on 22 Jun 2011, 10:01 4

11. vvelez5 (Posts: 623; Member since: 29 Jan 2011)


We still can't take you seriously with such a gay photo.

posted on 22 Jun 2011, 10:46

13. Phoneguy007 (Posts: 218; Member since: 02 Jun 2011)


lol......

posted on 22 Jun 2011, 22:20

16. biglebronski (Posts: 22; Member since: 18 Mar 2011)


Trade that banana hammock for some boxers and relax a little. GSM will be gone in a few short years, and LTE will be the standard for communication...

By the way, not sure where you are that AT&T's network is so "crappy," but I left AT&T for Sprint here in Cleveland and I can't wait to get back to AT&T.

posted on 26 Jun 2011, 12:20

19. lollipop (Posts: 43; Member since: 15 Feb 2011)


Att's LTE network will be provisioned for cities. They are gonna use HSPA+ everywhere outside of that. They claim they will have 4G everywhere but how much of that will be HSPA+ and the rest LTE?

At&t is a carrier that hasn't done any noticeble expansion in their 3G network since 2008. It is 2011 and their 3G coverage hasn't changed.

posted on 22 Jun 2011, 08:58 1

9. Yo (unregistered)


Just as they said, Deutsche Telekom has been looking to seel T-Mobile USA for a while. But people are mad at AT&T because they're buying them...

And wtf is a monopoly of a gsm? So what? You still have SEVERAL (more than Verizon, ATT, and Sprint) to choose from.

posted on 22 Jun 2011, 10:55 1

14. Phoneguy007 (Posts: 218; Member since: 02 Jun 2011)


Totally agree......if ver was buying them no one would say anthing!

posted on 22 Jun 2011, 17:24

15. Andrew_A_123 (unregistered)


You're dumb because you don't know what a monopoly on gsm is, and there are more reasons to oppose the deal

posted on 23 Jun 2011, 01:25

17. vmaster (unregistered)


"Deutsche Telekom AG, is unable to keep making the investment necessary to handle T-Mobile customers' never ending increase in data usage"

THIS IS RIDICULOUS STATEMENT......This is where technology is heading people, smartphones are becoming more and more dependent on data, internet, video stream, video chat, blah blah.....and they wonder why data usage is increasing!!!! Duhhhhh, you are in the business of providing data, learn to keep up with technology Deutsche Telekom!!!

I have T-mobile and i'm very satisfied. Speeds are super fast, avg 3-4mb. AT&T and Sprint are slow as hell, i tested many times. And voice coverage is awesome....half the people that talk crap never even had Tmobile.

Tmobile needs to survive, and learn how to penetrate the market better, and Deutsche Telekom need to complain less!!!

posted on 15 Aug 2011, 09:17

20. Retired Floridian (unregistered)


I am a T Mobil customer with a contract through August, 012. Will AT&T replace my handset if i can no longer use it???? If NOT, am I free to cancel my Tmobil contract since that would be a material change in my contract if I casnnot use my existing T Mobil handset?????

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