Tuesday, March 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft launches Preview Program For Xbox 360
Khronos Reveals New Vulkan API for GPUs, AMD Kills Mantle
Sharp To Seek For A Second Bailout: Nikkei
Toshiba Develops STT-MRAM Circuit For High-performance Processors
Samsung Releases New Image Sensor and NFC IC For Mobile Devices
MWC: BlackBerry Unveils New Leap Smartphone
MWC: Zuckerberg Provides Update On Plan to Connect World
MWC: Panasonic Nubo Monitoring Camera Has 4G Connectivity
Active Discussions
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
need help on some cd burning...
 Home > News > Mobiles > Sprint ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, September 06, 2011
Sprint Files Suit to Block Proposed AT&T and T-Mobile Transaction


Sprint Nextel today brought suit against AT&T, Inc., AT&T Mobility, Deutsche Telekom and T-Mobile seeking to block the proposed acquisition.

The lawsuit was filed in federal court in the District of Columbia as a related case to the Department of Justice?s (DOJ) suit against the proposed acquisition.

"Sprint opposes AT&T?s proposed takeover of T-Mobile," said Susan Z. Haller, vice president-Litigation, Sprint. "With today?s legal action, we are continuing that advocacy on behalf of consumers and competition, and expect to contribute our expertise and resources in proving that the proposed transaction is illegal."

Sprint's lawsuit focuses on the competitive and consumer harms which would result from a takeover of T-Mobile by AT&T. According to the company, the proposed takeover would:

- Harm retail consumers and corporate customers by causing higher prices and less innovation.

- Entrench the duopoly control of AT&T and Verizon, the two "Ma Bell" descendants, of the almost one-quarter of a trillion dollar wireless market. As a result of the transaction, AT&T and Verizon would control more than three-quarters of that market and 90 percent of the profits.

- Harm Sprint and the other independent wireless carriers. If the transaction were to be allowed, a combined AT&T and T-Mobile would have the ability to use its control over backhaul, roaming and spectrum, and its increased market position to exclude competitors, raise their costs, restrict their access to handsets, damage their businesses and ultimately to lessen competition.



The Justice Department last week filed a lawsuit


Previous
Next
Seagate Releases 4TB GoFlex Desk Drive        All News        Workstation Market Adequately As Expected in Q2
LG launches 3D Smartphone in U.S.     Mobiles News      San Francisco Police Assisted Apple With Their Lost iPhone Prototype

Get RSS feed Easy Print E-Mail this Message

Related News
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
Verizon Sprint And T-Mobile Announce new iPhone Plans

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 .