Sprint welcomes AT&T decision to end bid to acquire T-Mobile USA


Sprint, one of the competitors to AT&T and T-Mobile
in America, has welcomed AT&T’s decision to end its bid to buy T-Mobile USA
in a $39 billion merger deal.

 

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,”
said Vonya B McCann, senior vice president of Government Affairs for Sprint.

 

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,” McCann added.

 

Sprint Nextel served more than 53 million customers at
the end of 3Q 2011 and is widely recognized for developing, engineering and
deploying innovative technologies, including the first wireless 4G service from
a national carrier in the United States.

 

Recently, Strategy Analytics announced
that the new Verizon and Sprint spectrum deals are matching AT&T &
T-Mobile.

 

Verizon is acquiring spectrum from SpectrumCo and Sprint
is now controlling Clearwire spectrum. This allows these two large operators to
expand capacity into every small city and rural area in the US. The resulting
spectrum will be controlled by AT&T T-Mobile, Verizon and Sprint.

 

In the US, Verizon, Sprint and AT&T will compete to
offer users more bandwidth on this additional spectrum to satisfy the growth in
demand described in the Strategy Analytics report, “Smartphone Penetration
Doubles, Driving Non-SMS Data Growth.”

 

By Telecomlead.com Team
editor@telecomlead.com

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