Talks to divest assets worth more than 30 percent of the merger’s value to Leap Wireless International Inc. reportedly have broken down amid concerns that such an arrangement still couldn’t win approval from the Justice Department.
The chances of AT&T obtaining government approvals to acquire T-Mobile USA appear to be somewhat remote.
The Justice Department plans either to ask a federal court to stay the proceedings, or alternatively, withdraw an antitrust case against AT&T, at least for now.
Verizon ranked slightly better than Sprint in the areas of texting and knowledgeable support staff, although Sprint rated better than its rival in value.
The report surfaced after the Federal Communications Commission released a scathing report that concludes the merger between the nation’s second- and fourth-largest wireless providers is not in the public interest.
An FCC staff report says the merger would result in AT&T and Verizon Wireless controlling 75 percent of the market, greatly reducing competition and undermining critical goals of the Communications Act.
But this doesn’t necessarily mean the end of the road for this potential mega-merger.
Such a process could take a year or more, according to an analyst.
That the FCC would approve the merger without imposing any conditions is an unlikely scenario.
The company remains concerned that Apple’s latest smartphone the iPhone 4S could hurt it. AT&T, Sprint Nextel and Verizon Wireless all began selling the gadget in October.
#SDWAN market growth slowed in 2020 but picked up in the final quarter, led by @CiscoPartners, @VMware_Partners. dlvr.it/RtrJK0
March 03 2021 @ 01:23:32 UTC
With day one of #CPVirtual in the books, we offer a recap of highlights and look ahead to day two. @Channel_Expo dlvr.it/Rtr9cM
March 03 2021 @ 00:18:01 UTC
.@AmericanTowerUS launches first partner program. #datacenters dlvr.it/Rtqk4Z
March 02 2021 @ 21:03:02 UTC
An entirely autonomous enterprise may still be years away, but advances in #AI and #machinelearning continue to bri… twitter.com/i/web/status/1…
March 02 2021 @ 19:30:00 UTC
Loved this conversation with @channelsmart and @ignitecaram on #CoffeeWithCraigAndJames! #CPVirtual @Channel_Expo dlvr.it/RtpN6q
March 02 2021 @ 14:10:02 UTC
Today is the day! We can't wait to see you at #CPVirtual. Event kicks off at 10:50 am EST.
Registered attendees can… twitter.com/i/web/status/1…
March 02 2021 @ 14:00:03 UTC
#CPVirtual has arrived! Excited for speakers @8_watkins of @TMobile, Jeff Winnett of @RingCentral and more. dlvr.it/RtmJLw
March 02 2021 @ 01:06:03 UTC
.@zoom_us fourth-quarter earnings show big jumps in revenue, profit. #videoconferencing dlvr.it/RtmJLL
March 02 2021 @ 01:03:02 UTC
