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MetroPCS, Leap Interested in AT&T Divestitures

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May 17, 2011, 10:26 AM   by Eric M. Zeman

Speaking at conference in Boston today, MetroPCS and Leap Wireless separately expressed concern over AT&T's proposed acquisition of T-Mobile. "We are concerned about the concentration of spectrum that that gives AT&T," said Braxton Carter, MetroPCS's CFO. "Spectrum is the life blood of our business and that puts AT&T in a very significant spectrum position." However, Carter expects that if the acquisition is allowed to go through, the Federal Communications Commission will require AT&T and T-Mobile to divest spectrum assets in a number of markets. "We believe that there will be some spectrum dispositions coming out," he said. "Some of those opportunities will come with operating markets and subscribers. We will certainly look at all possibilities." Leap CFO Walter Berger echoed Carter's interest in divested assets, but also noted that the company is open to wholesale agreements with entities such as LightSquared in order to grow its business. "We'll evaluate a host of opportunities," said Berger. "And if there are opportunities to do something wholesale that's--in an economic relationship--more rational than building, we'll absolutely do that." The FCC and DoJ have yet to sign off on AT&T's proposed acquisition of T-Mobile, and likely won't until 2012.

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Azeron

May 17, 2011, 9:11 PM

Justice

If there were any we would not even be discussing this lopsided *Bleep*ed merger. I mean for all intents and purposes it is ALREADY just AT&T and Verizon. But for AT&T to even ATTEMPT to obtain T-Mobile? It's a mockery. They SHOULD be smacked down HARD as an example to Verizon to not EVEN TRY this type of *Bleep* in the future.
I agree... However the Big Red machine already HAS done this. Remeber Alltel? Fact is Neither of these guys have grown organically, it's always been about who can buy who in the last 10 years.
 
 
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