T-Mobile confident of completing merger with AT&T


 

Despite all ongoing
troubles,
T-Mobile is confident of completing its
merger with AT&T.

 

“Given the numerous benefits the merger will bring
to consumers, businesses, and the US economy in the form of greater innovation,
enhanced competition, and increased jobs, we remain confident that the facts
will prevail and the acquisition will proceed,” said Tom Sugrue, senior vice president of government affairs,
T-Mobile.


Sugrue
made these remarks following the decision of seven state attorneys general to
join the Justice Department’s lawsuit blocking the AT&T acquisition of
T-Mobile USA.


The U.S. Department of Justice announced that seven state
attorneys general representing California, Illinois, Massachusetts, New York,
Ohio, Pennsylvania and Washington joined the department’s lawsuit against
AT&T, T-Mobile and Deutsche Telekom. The Justice Department filed its
amended complaint in the U.S. District Court for the District of Columbia.


After a comprehensive review of the facts related to
AT&T’s proposed takeover of T-Mobile, seven state attorneys
general have reached the same conclusion as the U.S. Department of
Justice: This proposed takeover violates antitrust law and would harm
consumers, competition and our nation’s economy,” said Vonya McCann, senior
vice president for Government Affairs, Sprint Nextel.


This is a strong stand for American consumers, and
Sprint commends this bipartisan group of state attorneys general for joining
with the U.S. Justice Department to protect consumers, competition and American
jobs,” McCann added.


By Telecomlead.com Team
editor@telecomlead.com

 

 

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