Sprint to Fight 'Ma Bell Duopoly'
Mar 28, 2011, 2:23 PM by Eric M. Zeman
updated Mar 28, 2011, 2:48 PM
On March 20, Sprint issued a statement voicing its disapproval of AT&T's proposed $39 billion acquisition of competitor T-Mobile. At the time, Sprint said it objected, and asked the Federal Communications Commission and Department of Justice to examine the proposal extensively for any potential anti-competitive situations it might introduce. Today, Sprint has taken a stronger stance against the deal and vowed to wage war against the acquisition. In the statement, Vonya McCann, senior vice president, Government Affairs, said, "Sprint urges the United States government to block this anti-competitive acquisition. This transaction will harm consumers and harm competition at a time when this country can least afford it. As the first national carrier to roll out 4G services and handsets and the carrier that brought simple unlimited pricing to the marketplace, Sprint stands ready to compete in a truly dynamic marketplace. So on behalf of our customers, our industry and our country, Sprint will fight this attempt by AT&T to undo the progress of the past 25 years and create a new Ma Bell duopoly." Sprint didn't specifically say how it will fight the acquisition, but the deal has to be approved by governmental regulators before it can move forward. Sprint could ask the CTIA, for example, to intervene on the behalf of U.S. wireless consumers. The CTIA has not yet issued a statement regarding the deal. AT&T is confident it can convince the government to approve the acquisition, but expects the process to take a year.
Comments
Duopoly???
TWO?
π π π
How many smiley faces are there?
TWO!
Learn how to count Sprint.
(oh, but they are really big competitors against my really big company! GOVERNMENT, help me compete!)
(continues)
loosing faith in Sprint by the minute...
First, Sprint started the acquisition frenzy a few years ago with their purchase of Nextel, which was one of the worst mergers ever, and one that they have never recovered from. Next, Verizon buys Altel and we don't hear a peep from Sprint about unfair to competition. Then, they attempt to acquire T-Mobile and fail (which would have been a bigger blunder than the Nextel merger) but then they cry foul when AT&T buys T-Mobile which uses the same technology and actually makes sense!! Sprint is crying because they, yes THEY, screwed up but don't want others to be...
(continues)
(continues)
"AT&T is a cash cow and have enough income from their landline business that they funnel back into their wireless busin...
(continues)
Didn't Sprint...
(continues)
Sprint tried to be the old guy at a yardsale talking something down and then feigning disinterest only to find out someone...
(continues)
This is good
I'm not happy about the whole thing but i don't think Sprint can stop it. I'm convinced one way or another at&t will get this to go through. It sucks but, i just keep hoping this merger will some h...
(continues)
1. Sprin...
(continues)
kvlt said:
Great job, Sprint.
Of course it would have been quite OK if Sprint took over TMO? What crap.
Why Sprint Should Win This Fight.
I say it simply because they need to win. They need to win not only because of their own salvation, but also for all of our interests. It is very important for everyone to understand what I have just said.
I would like to recommend that the Representatives/Subscribers of both AT&T Wireless and T-Mobile that are advocating the acquistion, to take a step back and catch their breaths for a moment. This is not a sporting event. I would like to guess that most reps fighting for thier carrier, are parishioners of the industry for less than ten years. Many of these associates are college students working their way ...
(continues)
T-Mobile's phones/plans are more like Sprints. They have a range of low to high end phones at an affordable rate.
If this deal goe...
(continues)
Sprint is scared! hahahaha
As of 4Q last year, Sprint is gaining customers (for the first time since 2007).
They are still operating at a loss, and it's probably because they're putting money into things like network upgra...
(continues)
I don't care why Sprint is doing this, it's still the right thing.
Even so, I don't care. It's what's right for America, it's what's right for the consumers and promotes fair competition, and whatever the reason Sprint is doing this, I hope they get far.
Passion!
Sprint will die a slow and painful death
The article says Sprint was first to bring 4G but didn't mention it's the worst attempt at 4G.
Phonescoop right on the news first!