Sprint Opposes the $39 Billion Deal B/W AT&T and T-Mobile USA
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March 29, 2011 •
Today, Sprint opened up its mount to show its sharp teeth and said that it would surely oppose the recent big deal between its two competitors, wireless telecom companies AT&T Inc. and T-Mobile USA. Sprint strongly challenges this deal as it would kill the healthy competitive atmosphere since the wireless industry would be slipped into the hands of only two tech giants (AT&T & Wireless Verizon) creating the same ugly scenario of late 90’s which appeared due to the breakage of Ma Bell, the origin of AT&T.
According to the Sprint, the merger of both wireless companies AT&T and T-mobiles would result into a duopoly in which the AT&T and Verizon would grab an unprecedented control over the wireless industry in the USA. It would create a fake situation not only for the customers over the availability and price issue but also for the smaller wireless companies by killing the opportunities to compete for them.
Sprint recent statement in this regard reads;
Sprint urges the United States government to block this anti-competitive acquisition. This transaction will harm consumers and harm competition at a time when this country can least afford it.
Sprint will fight this attempt by AT&T to undo the progress of the past 25 years and create a new Ma Bell duopoly.
Though Sprint has shown its full determination to block the $39 billion deal between AT&T and T-mobiles, yet it finds no platform to file its opposing documents officially since AT&T has not filed the deal for approval from the Federal Communications Commission.
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