Sprint plans to oppose the merging of T-Mobile with AT&T
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According to Mr. Hesse, once T-Mobile becomes a part of AT&T and the resulting entity emerges as the largest wireless carrier in the U.S., this would have a negative impact on industry innovation and could result in 79% of subscribers nationwide to use the services of only two carriers, namely AT&T and Verizon. Sprint's CEO shared his intentions to bring his concerns to the attention of the U.S. Congress in an effort to oppose the merging of the two carriers and to retain the status quo on the wireless market.
AT&T responded with an email saying that it was ready to address whatever issues Sprint may have to present and that it was expecting to see its competitor's disapproval of the proposed coalition. The U.S. House Judiciary Committee is yet to approve or reject the $39 billion acquisition between AT&T and T-Mobile. We should also point out that Dan Hesse refused to comment when prompted whether Sprint has ever been in the talks of taking over T-Mobile or not.
source: Bloomberg via Phone Scoop
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45 Comments
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2. Brenda 123 (unregistered) posted on 23 Mar 2011, 18:02 8 5
The merging of T-mobile and at&t does not need Sprint's approval.
3. Tre-Nitty posted on 23 Mar 2011, 18:12 6 10
Dan Hesse is getting on my nerves. Worry about your customers, which you have plenty and just shut up already.
5. Hello-dirt posted on 23 Mar 2011, 18:24 10 2
I think he is worried about his customers silly goose. Just like many small businesses go out of business due to big box stores, Sprint is worried that 1) he'll lose his company and job, 2) that he will not be able to compete with the big carriers with phones that people want, 3) Sprint will not have enough income to bid for more spectrum, if the extra spectrum is opened up for bidding, and 4) I am happy that someone is forcing ATT and the FCC to actually think about what could happen. I am sure there are other reasons, but I wouldn't want to irritate you further.
9. Tre-Nitty posted on 23 Mar 2011, 18:51 4 5
I'm sorry that you care so much about a Guy who is probably worth more than you'll ever see. Sorry I don't have sympathy and don't give a shit about Dan Hesse losing his customers. Btw sprint has about 50 million customers, so I think they'll be fine. Oh yeah your poor attempts at humor don't irritate me. I don't know you or care that you exist.
16. JW1ngman posted on 23 Mar 2011, 20:14 2 0
its the fear of monopoly. just like gas they will get you by the balls and then you have to pay whatever they ask for. we live in a country of competition and it keeps a healthy balance of economy. trenitty, youre just negative on everything you comment on.
17. remixfa posted on 23 Mar 2011, 20:32 3 0
i dont know why sprint is so worried. i think it puts them in a banner position to pick up tons of pissed off Tmobile customers. Sprint will only GAIN from this situation, at least as far as customers go, if they play their cards well. As the only major "value" carrier left, they will be in a golden position as ATT and VZW go after eachother.
They just need to keep working on getting kick ass android phones, keep a positive "we care" image, expand out their 4g, and work on their customer service issues, and life will be grand.
Im not worried about it.
22. homineyhominey posted on 23 Mar 2011, 21:06 4 1
hasn't sprint won tons of customer service awards the last year? They had THE biggest increase in customer satisfaction of ANY company in ANY industry. AT&T bought out T-Mo for customer service, although i never really had luck with T-Mo customer service either. Sprint's spectrum holdings now are the industry leader. No one comes even close. Verizon's network has sucked since the iPhone came to them.
On another note, has no one seen or heard Dan's slams against the other companies?
Jim Cramer: My phone freezes, whose fault?
Dan: It's cause you have Verizon.
Dan to AT&T CEO: I thought you and T-mo had 4g?
