New York Attorney General to take a critical look at AT&T's acquisition of T-Mobile
One such critic is New York State Attorney General Eric Schneiderman, who says that the proposed acquisition will undergo his "thorough review". Schneiderman offered the following: "Affordable wireless service and technology, including smartphones and next-generation handheld devices, are the bridge to the digital broadband future...We want to ensure all New Yorkers benefit from these important innovations that improve lives.”
Schneiderman is specifically concerned about Upstate cities like Albany, Rochester, etc., where there are fewer wireless options, as their wireless menu would be more drastically changed by the proposed acquisition. And, as are many consumers, Schneiderman is worried that the merger might eliminate the low-cost options which T-Mobile provides.
AT&T spokesman Mike Buckley responded, saying that they "look forward to sharing information with the AG's office and remain excited about the significant consumer and competition benefits that this transaction will provide". Buckley reiterated AT&T's guarantees of expanded LTE service throughout the U.S.
Some experts were surprised that the New York State AG was getting so involved in the process, as the final decision rests with the FCC and the Justice Department. But one expert did point out that the New York AG's involvement will slow the review process.
source: Bloomberg via TmoNews
1. Dr.Phil (Posts: 1023; Member since: 14 Feb 2011)
I read this about two or three days ago on Engadget. Once again, PhoneArena is behind on the news.
2. PhoneUser (Posts: 78; Member since: 11 Dec 2008)
Im getting tired of people complaining about how late PA posts news....if you dont like it.....get a job with them and keep them up to date. If another website has the news first then stop coming to this website.....its so simple......
I come here to read news articles not read all the B****ing people do cause they are late.
3. ecml (Posts: 129; Member since: 23 Mar 2010)
Then stop reading the b****ing and just read the articles if that what you came here for.
8. ecml (Posts: 129; Member since: 23 Mar 2010)
I have not received so many thumbs down before. Bummer
4. Droid_X_Doug (Posts: 5993; Member since: 22 Dec 2010)
Well... back to the topic at hand - State of NY evaluating the AT&T-Mobile proposed merger. If every state in the nation evaluates the proposed merger, this could be a matter of death by 50 cuts. Then there is the Feds doing their evaluation.
AT&T-Mobile will need to get their game stepped up. They need to find a package of carrots that will be hard (if not impossible) to resist. Otherwise, the merger may not happen.
7. wowyoursmart (unregistered)
You tell him to get a job at PA for complaining that they are late on the news, but in reality you are agreeing with him that PA is not doing their job. They are suppose to be keeping everyone up to date on the latest news when it comes out so people don't have to go anywhere else, but they don't serve this purpose if they are constantly late. And it wasn't hours late (which we all can understand) it was DAYS late. Noone wants to go onto a site to read days old news...that's no longer news stupid. It then becomes common knowledge.
10. PhoneUser (Posts: 78; Member since: 11 Dec 2008)
Then stop coming to PA and go to the website that actually do their job and keep us posted on CURRENT news.....
9. dcgore (unregistered)
I hope the deal does not go through, less competition hurts the consumer. I don't think At&t took the wrong approach, it's just what this deal will do to the market place that will without a doubt represent higher prices and less innovation to the mobile broadband industry.
13. DIYA (unregistered)
I learn something new on different blogs everyday. It is always refreshing to read blogs of other bloggers and learn something from them. Thanks for sharing!!
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