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Sprint is very happy the AT&T bid for T-Mobile is dead

Written by Andre Yoskowitz (Google+) @ 20 Dec 2011 1:40 User comments (4)

Sprint is very happy the AT&T bid for T-Mobile is dead Sprint, the third largest carrier in the U.S., has expressed its extreme happiness over AT&T's decision to drop its bid for T-Mobile, the fourth largest carrier in the nation.
The company had been one of the most vocal opponents of the move, which would have left AT&T with 120 million subscribers. Verizon, the top CDMA carrier, has 107 million subscribers. Sprint has 54 million subscribers and would have been left behind as a "duopoly" took over, argued the company.

Statement from Vonya McCann, Sprint SVP of government affairs:

Earlier today, AT&T terminated its definitive merger agreement with Deutsche Telekom to acquire T-Mobile USA. This is the right decision for consumers, competition and innovation in the wireless industry.

From the beginning, Sprint has stood with consumers who spoke loudly and clearly that AT&T's proposed takeover of T-Mobile would create an undeniable duopoly that would have resulted in higher prices, less innovation and fewer choices for the American consumer.

Sprint commends the Department of Justice, the Federal Communications Commission and the bi-partisan group of state attorneys general who gave voice to the concerns of consumers across the country. We look forward to competing fiercely in the robust, competitive market that exists today and continuing to deliver the world class service and products that consumers have come to expect from Sprint


AT&T had bid $39 billion to take over T-Mobile, all of its 35 million subscribers and all of its spectrum, which would have been used to quickly expand AT&T's infrastructure and availability.

After the FCC and DOJ both began lawsuits against AT&T for anti-trust issues, the carrier decided today to drop the bid. In doing so, they will have to pay a $4 billion breakup fee to T-mobile parent Deutsche Telekom.

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4 user comments

120.12.2011 2:51

Aren't at&t also supposed to give up some spectrum to t-mobile as well? I'm pretty sure I had read that somewhere.

220.12.2011 2:59

Originally posted by DDR4life:
Aren't at&t also supposed to give up some spectrum to t-mobile as well? I'm pretty sure I had read that somewhere.
Not sure about the details, but yes there is some spectrum involved as well.
This message has been edited since its posting. Latest edit was made on 20 Dec 2011 @ 2:59

Rich Fiscus
@Vurbal on Twitter
AfterDawn Staff Writer

321.12.2011 18:31

Originally posted by DDR4life:
Aren't at&t also supposed to give up some spectrum to t-mobile as well? I'm pretty sure I had read that somewhere.
$3 billion in cash, $1 billion in spectrum and roaming deals.

422.12.2011 23:54

Originally posted by Azuran:
$3 billion in cash, $1 billion in spectrum and roaming deals.
Only 1 billion in spectrum? Wow, I was way off. I'm glad I didn't post what I thought it was. I wouldn't want to be accused of spreading misinformation. Lol. Well, thanks for the info.

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