AT & T T-Mobile ready to defend Test Deal Set for February 13

Bookmark and Share
Eric Schmidt appeared on Capitol Hill was not the only big event in DC tech today. AT & T also against the Department of Justice in a district court in its impending merger with T-Mobile and a hearing date was set for February 13. lawyers AT & T and the DOJ, appeared before the judge US Ellen Segal Huvelle district for the first major hearing in the case.

Last month, the DOJ sued the merger of AT & T and T-Mobile unit, with the argument that the combination of the two wireless companies "for substantially lessen competition "in the market. Finally, the agency wants to determine the court ruled that the purchase of AT & T $ 39000000000 T-Mobile in the United States would violate antitrust laws and hand down an injunction blocking the transaction.

"We are confident that we have a solution with the DOJ that meets their concerns to achieve, but if not, we are also prepared to court," a spokesman for AT & T said in a statement. "We remain confident that we will reach a successful conclusion and look forward to the benefits of wireless merger additional ability to improve customer service, expanded to 55 million Americans LTE deployment over 8 billion dollars in additional investment and commitment to back 5000 Wireless Call-center jobs to bring the United States.

"Sprint and Cellular South also continued to prevent the merger. Huvelle judge always think whether Sprint should be allowed to join the DOJ case, according to Bloomberg. Sprint said in a statement it "is pleased that the judges decided to move both Huvelle very quickly and accelerated. Although the judge did not sprint to consolidate the case with the government in the case this time, we are pleased that the judge pleading for Sprint Hearing on 24 October. "A status conference in the case is set for Oct. 24.

Today, the hearing was not the only news on the merger this week. In addition to the foregoing Cellular South said the action sent a group of 100 Republican members sent a letter to President Obama this week asking him to support the business. As a letter by Rep. Heath Shuler, a Democrat in North Carolina wrote, said that members of the GOP by a combination of AT & T and T-Mobile would help Obama's goal of creating many new jobs. blocking the transaction, according to them, "will thwart job creation and economic growth and undermine your own efforts to achieve our common goal.

"is the fusion to create or destroy jobs? It depends on who you ask. Point supports AT & T promises 5,000 jobs in call centers back to the United States should Sprint T- Mobile to close business. Rival, but recently released a report that AT & T claims is the creation of jobs added.

The carrier with David Neumark, director of the Center for Economics and Public Policy at th e University of California at Irvine and its partner AT & T took the job creation promises as "totally unfounded". Meanwhile, Verizon said, was now relatively silent on the issue of the merger announced that business inevitable. was

"It is my position that the merger of AT & T was made with T-Mobile as the kind of gravity," Lowell McAdam, CEO of Verizon Communications, said in a conference of investors that the Wall Street Journal reported , . "It had to happen, because you are a company with a T-Mobile, but the spectrum is not the capital, had to build it out. AT & T needs of the spectrum, they did not have to take care of their customers and adapt and had to come. "If the government wants him to stop, offer them a solution on the spectrum, McAdam said.

{ 0 comments... Views All / Send Comment! }

Post a Comment