Friday, October 31, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sharp To Produce New Backlight-free LCD Panel For Wearables
New Cameras Boost GoPro's Quarterly Profit
Panasonic AX800 4K ULTRA HD TVs Update Adds Compatibility With Netflix 4K Streaming
YouTube Now Supports 60fps Videos
Samsung Brings Gear S to U.S. Next Week
Corsair Introduces Sabre RGB Mice For Gamers
Ubisoft's Assassin's Creed Unity Included with Purchase of Samsung UD590 Monitor or 850 PRO Series SSD
Apple's Tim Cook Declares His Sexual Orientation
Active Discussions
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Questions durability monitor LCD
 Home > News > Mobiles > Sprint ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, March 29, 2011
Sprint Opposes AT&T Acquisition of T-Mobile USA


Sprint Nextel on Monday announced its opposition to of T-Mobile USA.

The transaction, which requires the approval of the Department of Justice and the Federal Communications Commission, and will likely spark a host of hearings in the U.S. Congress, would reverse nearly three decades of actions by the U.S. government and the courts that modernized and opened U.S. communications markets to competition, Sprint said in a statement.

The wireless industry has sparked unprecedented levels of competition, innovation, job creation and investment for the American economy, all of which could be undone by this transaction, the company claims.

AT&T and Verizon are already by far the largest wireless providers. If approved, the proposed acquisition would create a combined company that would be almost three times the size of Sprint in terms of wireless revenue and would entrench AT&T?s and Verizon?s duopoly control over the wireless market. The wireless industry moving forward would be dominated overwhelmingly by two vertically integrated companies with unprecedented control over the U.S. wireless post-paid market, as well as the availability and price of key inputs, such as backhaul and access needed by other wireless companies to compete.

"Sprint urges the United States government to block this anti-competitive acquisition," said Vonya McCann, senior vice president, Government Affairs. "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."


Previous
Next
EBay Takes On Amazon.com With Proposed GSI Commerce Acquisition        All News        Microsoft Claims IE9 Consumes Less Power Than Competitive Browsers
Nokia Files New ITC Complaint Against Apple     Mobiles News      NTT Brings ebooks App Overseas

Get RSS feed Easy Print E-Mail this Message

Related News
Sprint Now Offer $20, 1GB Family Data Plan
Sharp AQUOS Crystal Now Available From Sprint
T-Mobile Un-leashes Wi-Fi Worldwide With New Program
Verizon Sprint And T-Mobile Announce new iPhone Plans
Sprint Cuts Rates
Sprint Abandons T-Mobile bid, T-Mobile Rejects Iliad's Offer
French Carrier Iliad To Bid For T-Mobile
FTC Accuses T-Mobile For Bogus Charges
T-Mobile Offers Network Test Drive, Free Music Streaming
Sprint Closer to T-Mobile Acquisition
AT&T To Announce DirectTV Buyout Soon
Sprint Said to Plan T-Mobile Bid

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .