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An AT&T store in New York. (Reuters/Brendan McDermid)
AT&T Inc.s $39 billion bid to buy Deutsche Telekom AG’s T-Mobile USA came under scrutiny from New York’s attorney general, who said he is looking into its possible anticompetitive impact.
Citing a potential “near duopoly” as a result of the proposed deal, Atty. Gen. Eric Schneiderman said he wants to ensure the acquisition does not reduce access to low-cost cell phone options. Get the full story »
Sprint Nextel urged regulators to block AT&T Inc.’s $39 billion bid to buy Deutsche Telekom AG’s T-Mobile USA.
Sprint, the No. 3 U.S. mobile carrier, said in a statement Monday that the transaction would harm consumers and competition. Get the full story »
Sprint Nextel Corp. and Deutsche Telekom AG are again discussing options for combining Sprint with the German company’s U.S. subsidiary, T-Mobile USA, though a deal is unlikely in the near term, people familiar with the matter said.
A deal would combine the third and fourth largest wireless carriers in the U.S. and create a substantial counterweight to industry leaders AT&T Inc. and Verizon Wireless, a joint venture of Verizon Communications Inc. and Vodafone Group. Get the full story »
Associated Press | The iPhone will be available on other cell phone networks as early as this fall and will likely come first to T-Mobile USA, one analyst who follows Apple Inc. closely said Thursday.
Get the full story: IPhone on the T-Mobile network as soon as fall.
