Posts Tagged ‘Mergers and acquisitions’

Economic Policy Institute Debates AT&T T-Mobile Merger

Broadband's Impact, Media ownership June 29th, 2011

WASHINGTON June 29, 2011-The Economic Policy Institute gathered leading industry experts for a panel on Tuesday to debate the impending merger between AT&T and T-Mobile.

At the end of March, AT&T announced plans to purchase T-Mobile from Deutsche Telekom for $39 billion. The merger has garnered a great deal of controversy because it would create the nation’s largest mobile provider.

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.

Sprint Joins Rural Cellular Association

Media ownership, Spectrum, Wireless April 21st, 2011

WASHINGTON, April 21, 2011 – At the group’s annual convention in Las Vegas on Tuesday, Rural Cellular Association CEO, Steven Berry, announced the addition of wireless carrier, Sprint to the RCA.

“This is a very timely addition to RCA’s membership, and a stronger membership will certainly help ensure that our voices are heard at the Federal Communications Commission, on Capitol Hill, and at the White House and other parts of the Executive Branch,” said Berry through a joint statement released this week.

AT&T Announces $39B Deal To Acquire T-Mobile

FCC, House of Representatives, Media ownership, Mobile Broadband, Spectrum, Wireless March 21st, 2011

WASHINGTON, March 21, 2011 – Nationwide wireless carrier, AT&T announced Sunday that it had finalized an agreement to acquire competitor T-Mobile from Deutsche Telekom for $39 billion in cash and stock.

The deal between the nation’s second- and fourth-largest carriers would likely create the largest nationwide wireless carrier, topping current leader, Verizon.

Comcast’s impending Regulatory Hurdle: Simple Motives behind a Dream – NBC-Universal

Broadband's Impact, Expert Opinion, Transparency January 24th, 2010

Since announcement of the Comcast/NBC-Universal merger consummated the deal creating subsequent analysis and conjecture about how the new venture will be structured, with its impact on programming distribution and fears of dominance, and anti-trust issues within the marketplace; Comcast is set to go before regulators to convince a skeptical crowd how this union […]

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