Posts Tagged ‘Communication Workers of America’

Expert Opinion: A Stand-Alone T-Mobile Isn’t an Option for the Future. So What’s Best for Consumers and Workers?

Expert Opinion, Media ownership May 26th, 2011

WASHINGTON, May 26, 2011 – Let’s start with the facts. A stand-alone T-Mobile is not an option for the future. German parent company Deutsche Telekom had announced that it was seeking a deal and had considered a speculative offer, Sprint and AT&T for the sale. T-Mobile did not have the cash or spectrum to invest in a next-generation, 4G LTE wireless network. And without a 4G network, there could be no future for T-Mobile, its customers and employees.

AT&T and T-Mobile use the same technology. Combining T-Mobile and AT&T spectrum turns two two-lane roads into a four lane superhighway. AT&T is willing to put up $8 billion in extra investment. And AT&T, a financially healthy company, will pay for the transaction in equity and internal cash flows.

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