AT&T struggling to find a potential buyer of T-Mobile assets
Divesting assets that they would have acquired in a T-Mobile deal was AT&T’s last big play in a battle against the Department of Justice which has been against the buyout since day one. While it is still possible AT&T could find a suitor, all talks with other companies to this point have died out.
Previously AT&T had engaged in discussions with Cricket owner Leap Wireless, but no deal was even reached and those conversations appear to have ended. The assets up for grabs of course would be some of the spectrum that AT&T would acquire in the purchase.
According to sources speaking to the Wall Street Journal, any divesting of assets to another telecommunications company probably wouldn’t have been enough to change the Department of Justice’s mind anyway. They also go on to say that AT&T could pursue more of a joint-venture with T-Mobile rather than a buyout if the sale is to fall through completely, which is looking more and more likely every day.
Barring a major company surfacing with interest in taking of T-Mobile’s assets off of AT&T’s hands, at this point it is hard to see how AT&T can successfully buy T-Mobile. As to what we can all expect should an AT&T/T-Mobile joint-venture be the final outcome, only time will tell.
source: WSJ via Mobile Burn
1. LewsTherin006 (Posts: 140; Member since: 18 Nov 2011)
awww poor ATT cant find buyers to help them screw over the people of america. Im crying such tears of pain for you ATT. How about you just give up, cut your losses, and start putting more money into LTE so that people can actually talk on your network.
2. SprinT4You (Posts: 6; Member since: 11 May 2010)
I am glad that no other carrier has agreed to buy any of T-Mobiles assets. AT&T is trying to make it difficult for America's cell phone carriers to conduct business and stay open. AT&T is valued at 162 billion dollars. They can use their own money, profits and resources to fix their broken network. Sprint is doing it by using their own cash and raising financing for their Network Vision buildout. If Sprint can do it so can "rich" AT&T. Helping Ma Bell will ultimately change the game of the cellular telephone industry. In turn it would favor AT&T and Verizon. Two companies that are doing quite well along with Apple. My question to AT&T: How much richer do you need to be? Why not fix that overcapacitated network of yours first before you start cleaning out the rest of Americas wallets and purses. I didn't know that all of America's money belongs to you Verizon and Apple!!!
You better believe when Romney becomes President that AT&T is going to run to the FCC lock, stock and barrel with a new application. Their Republican friends, cronies and goons will be back in power. They will be doling out tax cuts, favors and create all kinds of unfair legislation for their rich companies and friends. Stay tuned America!!!
3. LewsTherin006 (Posts: 140; Member since: 18 Nov 2011)
Romney is not winning bro. If anything paul will get the Nom for the Rep. Romney is slow screwing up and getting owned.
4. remixfa (Posts: 14251; Member since: 19 Dec 2008)
lol, Romney will be the nominee, like it or not. Newt has too much baggage to make it out of the primarys in first place and Paul scares too many people on his forign policy talks. If paul could reign in some of his crazier views he would have a real shot at it. I was all for Cain until he bowed out due to his affairs. Not a fan of Newt and his baggage. Romney will be crowned but Paul would be interesting. Then again, stodgy grandpa up against "cool" Obama doesnt help. Most people have no idea what a candidate stands for, they just go for whoever their friends think is cool.
Right now Id give Romney a 60% chance of winning everything, but he really needs to pull away from the pack better, instead of letting them all fight each other.
5. Droid_X_Doug (Posts: 5975; Member since: 22 Dec 2010)
@remixfa - Mittens is not a foregone conclusion. The tea partners have been a wild card in the last election cycle. Newt channels their anger better than any other candidate. The tea parties are willing to overlook the serial adultery, being in the pocket of Fannie, and, and, and in exchange for the verbal grenades. The tea party views Mittens as Barry in a R suit. If the R money burries Newt in a barrage of negative adverts, the tea parties could decide to stay home on election day, or back a third party candidate. Either way, that spells trouble for the Rs....
6. remixfa (Posts: 14251; Member since: 19 Dec 2008)
if the "tea partiers" were ok with the adultery, Cain would still be in the race. He was still the best economic candidate other than Paul but he is too insane. The hypocrisy always makes me mad. We reelected clinton after his Oral Office affairs, but want to hold up pre-election candidates to impossible standards. They are politicians.. they are going to have a certain amount of slime on them.
If candidates on both sides would stop bowing to the lunatics on the far left and far right in the primaries we would be much better off as a country. Thats how we ended up with idiots like obama in the first place. We let the lunatics pick our candidates.
But regardless, barring all that, Mittens is the conclusion. When it gets down to just Romney and Newt, Newt has way too much baggage and way too many liberal republican debacles like that whole "cap n trade" add with Pelosi to be the final candidate. Best he can hope for is VP, and im still hoping Cain makes it back for VP, but I doubt that very much. When it becomes a national stage debate, the republican broad voters will pick romney. The base may not like him, but the base loses their voice when they get beyond the primaries..
7. Droid_X_Doug (Posts: 5975; Member since: 22 Dec 2010)
My recollection is that the tea partiers had no issues with the Hermanator's adultery/sexual assault issues. It was his wife who had problems with the adultery/sexual assault issues.
10. remixfa (Posts: 14251; Member since: 19 Dec 2008)
He should have dealt with his personal issues before entering the race, inlcuding telling his wife and preparing her. If anyone thinks they can slide an affair past the media (who isnt running as a liberal anyways) they are crazy wrong. If you are running as a conservative, they will find the underwear you farted into 11 years ago and threw away and drag it through the spotlight. If your a liberal, you can have a public affair in the whitehouse and get no repercussions. Ask clinton and kennedy.
But hey, right on time, Gingrich's popularity is shown to be dropping like a rock.. and who is taking the mantle... again.... Romney... everyone's favorite luigi. He's gonna get the nod. Which isnt a bad thing. He may not be the weekly favorite candidate, but he is still a "good" candidate to beat Obama.
8. Droid_X_Doug (Posts: 5975; Member since: 22 Dec 2010)
Also, if the tea partiers sit out the election and the independents don't fill the gap, Barry gets four more years....
9. OpTiKaWn (Posts: 10; Member since: 30 Oct 2011)
If att gets tmo and add all their bands to att and puts them all in new phones then new phones would be awesome and work everywhere plus u would have awesome LTE witch ATTs LTE is already faster than weak verizon everywhere they have it already and thats what all the test are sayin.... plus if u ever drop off LTE then u get awesome HSPA+ while no other company has 2 levels, if u drop off weak verizon u go to their weak 3G... its like most things and i said this a long time ago verizon rushed out and att is takin its time makin it right and in the end ATT will dominate the LTE market, i had them back when they first started rockin black and white phones and moto star tacs up thru cingular and now back to ATT and i never had problems or drops my whole life, always clear plus talk and web at same time while no one else had it..... they should get it and be giant and have a even more monster network that works every where in the world, who wouldnt want it to be bigger and better besids people that dont have it and companies that dont want them to be better than them..... verizon is scared they will be 1000 times better than them with all that extra power from tmo.... ATT had iphone first, they had the first 4.5 inch phone first the infuse, they have the best 3D phone Thrill and yes its better than evo by a lot and once its runnin ICS it will be a real monster phone for how dirt cheap it is... its still the only phone with dual channel memory..... let ATT but tmo and just get it over with who really cares u know havin so much could even lead to them dropin prices to dirt cheap just to say they offer more then everyone else for less, or even with equal prices for all the better stuff u get and the back up of HSPA+ its still worth it.....