AT&T Merger Plans for T-Mobile Officially Dead

December 20, 2011 -

AT&T has officially announced that its merger plan with T-Mobile is pushing up daises, but it also takes a few shots at the government for running interference to kill the deal. The $39 billion deal with T-Mobile parent company - Germany-based Deutsche Telekom - fell apart after government regulators from the FCC and the Justice Department took AT&T to task over what the company claimed the deal would accomplish. The Justice Department sued to block the deal in late August, calling it anti-competitive and warning that  it could raise consumer prices. The FCC was about to engage in a similar legal action when AT&T decided to withdrawal from the process altogether.

AT&T used the announcement to lambaste the government over the head, saying that government opposition and a lack of ways to grow its airwaves was a problem for everyone in the mobile space.

“The actions by the Federal Communications Commission and the Department of Justice to block this transaction do not change the realities of the U.S. wireless industry,” wrote AT&T in a statement. “It is one of the most fiercely competitive industries in the world, with a mounting need for more spectrum that has not diminished and must be addressed immediately. The AT&T and T-Mobile USA combination would have offered an interim solution to this spectrum shortage. In the absence of such steps, customers will be harmed and needed investment will be stifled.”

AT&T also said that it would "continue to be aggressive in leading the mobile Internet revolution," and that it has invested more money over the past four years in its networks "than any other U.S. company.”

“The mobile Internet is a dynamic industry that can be a critical driver in restoring American economic growth and job creation, but only if companies are allowed to react quickly to customer needs and market forces,” said Randall Stephenson, AT&T chairman and CEO.

The bad news for AT&T investors is that the company expects to take a serious hit because of the deal. AT&T said that it expects to take a charge of $4 billion the fourth quarter of 2011 to pay off the breakup penalty fee to Deutsche Telekom. On the plus side it expects to enter into "a mutually beneficial roaming agreement with Deutsche Telekom" too.

Source: Techland


Comments

Re: AT&T Merger Plans for T-Mobile Officially Dead

I refuse to credit the government for putting a stop to this blatant attempt at reducing people's options solely for profit.

I'll just tell myself Chuck Norris did it. Yeah. Somebody got a nice roundhouse kick to the balls and it was all over. Makes sense.

Re: AT&T Merger Plans for T-Mobile Officially Dead

So, their idea of "reacting to customer needs" is to gobble up one of the lowest-price carriers so they can eliminate that option from the market and screw people even harder, since they'll have even fewer options to switch to?  Yeah, nobody is buying your bullshit, AT&T.

Re: AT&T Merger Plans for T-Mobile Officially Dead

Would love to put a few more bullets in it to make sure.

Re: AT&T Merger Plans for T-Mobile Officially Dead

This pleases me.  Competition is the only thing keeping companies from pulling stunts like AT&T is trying to do with data usage limitations.

Re: AT&T Merger Plans for T-Mobile Officially Dead

There is a god.

 
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MechaTama31That's a pretty difficult anatomy to break.02/26/2015 - 11:09pm
MechaTama31"the way her animations repeatedly break her anatomy" <-- I'm sorry, but we are talking here about the woman who can roll up into a little ball and live to tell the tale, yes? ;)02/26/2015 - 11:09pm
Andrew EisenAs far as examples that could be culled from female game characters though, that one's pretty mild.02/26/2015 - 9:11pm
Andrew EisenNot as much the heels or the suit in and of themselves but certainly the way her animations repeatedly break her anatomy to show off her lady bits.02/26/2015 - 9:10pm
E. Zachary KnightWell, Samus's heels are certainly impracticable, but I wouldn't really call her Zero suit objectified. I don't really feel that the new Lara Croft is objectified either, but that is my subjective opinion.02/26/2015 - 9:08pm
Andrew EisenTomb Raider: No but we haven't seen much of anything yet. Samus: Yes.02/26/2015 - 9:07pm
ZippyDSMleeWould you call the new tomb raider objectified? WOuld Samus Aran from the new Smash bros be objectified?02/26/2015 - 9:02pm
WonderkarpI'm hoping they put the rest of the comic book ghostbusters in there. Ortiz and Rookie(From GB the game)02/26/2015 - 8:38pm
Wonderkarpghostbusters board game is doing great. getting close too a 3rd extra playable Character. Ron Alexander.02/26/2015 - 8:37pm
Andrew EisenSmurfette is not subjective. If there's more than one female character, it's not Smurfette. Anyway, as with everything on the list, Smurfette is, in and of itself, not necessarily a bad thing.02/26/2015 - 8:32pm
Andrew EisenI think there's 5 women (out of 15, I think) but other than one being a bit more "hippy" than the others, they pretty much all have the same body type. Especially when compaired to the huge variety of male body types.02/26/2015 - 8:31pm
Wonderkarpso I dont see Smurfette as a bad thing. Unless like all your female characters are Smurfette. remember the Smurfs also had Sassette02/26/2015 - 8:29pm
E. Zachary KnightOne good example of the larger issues is one Anita used in the presentation, Blizzard's Overwatch game. There are a dozen men in the game with a dozen body types. But there are only 4 women with 2 body types, but 3 of them have the same one.02/26/2015 - 8:28pm
Wonderkarpthe smurfette thing is subjective to how many female characters you have. Take Sonic for example. You have Amy, who is obvious smurfette, but there's several other female characters now without that. Including the original animated seriescomics with Sally02/26/2015 - 8:28pm
E. Zachary KnightAE. Very true. I think that is where I was going, but it didn't come out right. Jack Harkness is sexy but not objectified. Whereas, a women would have to be objectified in order to be "sexy" in most games.02/26/2015 - 8:26pm
E. Zachary KnightAnd as Andrew pointed out, there is a big difference between a sexualized man, and an idealized man. But for some reason, there is no distinction between women in games. For the most part.02/26/2015 - 8:25pm
Andrew EisenI think one of the issues we run into repeatedly with these conversations is the confusion over "sexy" and "sexually objectified."02/26/2015 - 8:24pm
E. Zachary KnightYet, for some reason, in orde rto have a sexualized women, she must be wearing lingerie or a bikini. Can't women be sexual and still dress for the job at hand?02/26/2015 - 8:24pm
E. Zachary KnightThe problem I have with complaints of "sexualized men" is that men don't have to wear speedos to be sexualized. Captain Jack Harkness from Torchwood/Doctor Who, was one sexy man, but he spent 99% of his time in a WW2 soldier's trenchcoat.02/26/2015 - 8:23pm
Andrew EisenThat there's more to her character than her sexualization? Sure (depending on which depiction we're talking about). No one's claiming that there are zero examples of female characters beyond their sexualization.02/26/2015 - 8:22pm
 

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