Saturday, March 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel in Talks to buy Altera: report
MediaTek Releases New High-end Smartphone Helio SoC
Google To Get Into The Operating Room
Data Requests To Microsoft Decreased
Google Defeated in English Court - Decision Opens Door for Litigation by Millions of British Apple Users
LG G4 Smartphone Coming Late April
BlackBerry Posts Quarterly Profit
AMD Showcases DirectX 12 Performance in new 3DMark API Overhead Feature Test
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 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
T-Mobile Unleashes Simple Plans For Businesses, Consumers
RadioShack Reaches Asset Purchase Agreement with Sprint To Acquire Its Stores
Sprint To Take Over RadioShack Stores: report
T-Mobile to Pay $90 Million To Settle Case With FCC
T-Mobile Lets You Roll Forward Your Unused Data
Sprint Takes On AT&T, Verizon With Half-Price Promotion
T-Mobile To Disclose More Information Related To Consumers Using Mobile Speed Tests
AT&T, Sprint Start Offering the Nexus 6
Sprint To Cut More Jobs
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

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .