Friday, September 2, 2011

AT&T May Give up 25% of T-Mobile To Get Government Approval [At&t]

AT&T May Give up 25% of T-Mobile To Get Government Approval AT&T wants to acquire T-Mobile in the worst way. The carrier is so desperate that it may sell 25% of T-Mobile's business if the acquisition is given the green light by the FCC and the DOJ.

This divestiture would include both customers and spectrum that could potentially be scooped up by national carriers like Verizon Wireless and Sprint. Regional carriers like Cellular One could also stand to benefit from these newly liberated assets.

Amidst all this maneuvering and government regulation, there may be some good news for current and prospective T-Mobile customers. The report from Reuters also claims that AT&T may be willing to keep T-Mobile's low-cost calling and data plans as a condition for approval. That's definitely a step in the right direction for consumers. Now if they could just do something about those exorbitant early termination fees. [Reuters]

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