Gov't Moves to Block Merger Btwn AT&T and T-Mobile

  • kuroshiro

    Posts: 786

    Aug 31, 2011 3:34 PM GMT
    While the full story isn't up yet, the government has recently stepped in to prevent the merger between AT&T and T-Mobile. The Justice Department claims that it will "lessen" competition. *eyeroll*

    http://www.pcmag.com/article2/0,2817,2392188,00.asp
  • calibro

    Posts: 8888

    Aug 31, 2011 4:35 PM GMT
    that's good news
  • Posted by a hidden member.
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    Aug 31, 2011 5:07 PM GMT
    kuroshiro saidWhile the full story isn't up yet, the government has recently stepped in to prevent the merger between AT&T and T-Mobile. The Justice Department claims that it will "lessen" competition. *eyeroll*

    http://www.pcmag.com/article2/0,2817,2392188,00.asp


    Why the *eyeroll*?
  • Posted by a hidden member.
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    Aug 31, 2011 5:18 PM GMT
    Just look at what Comcast has done to cable and you will be in favor of this.
  • Posted by a hidden member.
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    Aug 31, 2011 5:30 PM GMT
    Basically because it is a move back to the monopoly days of Ma Bell.
  • metta

    Posts: 39140

    Aug 31, 2011 5:33 PM GMT
    net-neutrality.jpg

  • rnch

    Posts: 11524

    Aug 31, 2011 5:40 PM GMT
    calibro saidthat's good news



    agree!! 50 years ago, when we had only one telephone company to choose from, prices were sky high (for the time).

    the merger of these two giants would had been yet another step back to the monopoly days.
  • Posted by a hidden member.
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    Aug 31, 2011 5:47 PM GMT
    I remember when Ma Bell was broken up into several regional TelCos:

    US West
    Bell Atlantic
    Pacific Bell
    BellSouth
    NYNEX
    MCI

    ...among many others, as well as the many mobile providers that arose in the 1990s and early 2000s.

    Now we are down to:

    Verizon
    AT&T
    T-Mobile
    Sprint

    Glad to see the government actually do something right for once.
  • Posted by a hidden member.
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    Aug 31, 2011 6:28 PM GMT
    alphatrigger saidI remember when Ma Bell was broken up into several regional TelCos:

    US West
    Bell Atlantic
    Pacific Bell
    BellSouth
    NYNEX
    MCI

    ...among many others, as well as the many mobile providers that arose in the 1990s and early 2000s.

    Now we are down to:

    Verizon
    AT&T
    T-Mobile
    Sprint

    Glad to see the government actually do something right for once.


    But ron paul would let them merge!
  • tautomer

    Posts: 1010

    Aug 31, 2011 6:29 PM GMT
    The goverment is actually doing what it's supposed to? Wow I am actually really surprised by this, but it's a happy surprise that's for sure!!! Good on them!
  • Posted by a hidden member.
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    Aug 31, 2011 6:34 PM GMT
    He probably would.

    I don't agree with everything he says... icon_razz.gif

    Monopolies actually harm competiton and may stifle innovation, even though Bell Labs (Lucent) was a major producer of TelCom technology.

    But monopolism is inherently anti-free market, especially if they gain unilateral control (by way of patents) over that market.

    Reasonable checks, balances, and regulation of markets is necessary for free markets to remain free.
  • Posted by a hidden member.
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    Aug 31, 2011 6:36 PM GMT
    alphatrigger saidHe probably would.

    I don't agree with everything he says... icon_razz.gif

    Monopolies actually harm competiton and may stifle innovation, even though Bell Labs (Lucent) was a major producer of TelCom technology.

    But monopolism is inherently anti-free market, especially if they gain unilateral control (by way of patents) over that market.

    Reasonable checks, balances, and regulation of markets is necessary for free markets to remain free.


    If you agree with net neutrality I'll hug you icon_biggrin.gif
  • Posted by a hidden member.
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    Aug 31, 2011 7:30 PM GMT
    Thank god. I had thought about switching to AT&T a couple years ago, but one summer involving street fairs, Pride and all my iphone owning friends proved that AT&T's network is so colossally fucked up I don't want to go anywhere near it. During Pride weekend and Market Days, nobody with ATT&T service I was hanging out with could get reception, place a call or check messages. They are the very shittiest of the shittiest. Not only that, but on a normal day, none of my freinds with ATT&T could get a signal in my building unless they leaned out the window.

    I'll keep my T-Mobile HTC Sensation and the near flawless 4G coverage just the way it is, thank you.
  • Posted by a hidden member.
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    Aug 31, 2011 7:35 PM GMT
    alphatrigger saidI remember when Ma Bell was broken up into several regional TelCos:

    US West
    Bell Atlantic
    Pacific Bell
    BellSouth
    NYNEX
    MCI

    ...among many others, as well as the many mobile providers that arose in the 1990s and early 2000s.

    Now we are down to:

    Verizon
    AT&T
    T-Mobile
    Sprint

    Glad to see the government actually do something right for once.


    i remember MCI being a big company
    here in connecticut we have
    Verizon
    At&t
    T-Mobile
    Sprint
    Nextel

    we used to have Metro pcs,SNET,and Atlantic bell


    but AT&T bought out snet and the others,so now we are down to ATT and the other cell companys
    but our home phone is At&t
  • Posted by a hidden member.
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    Aug 31, 2011 7:50 PM GMT
    Now if only they'd do the same thing with all these big bank mergers...
  • Posted by a hidden member.
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    Aug 31, 2011 8:43 PM GMT
    The new AT&T just wants to re emerge as the old Ma Bell that's all. Almost if not all the baby bells are back under the AT&T portfolio. It has always been their priority since day one To Make the new AT&T what it was; a dangerous monopoly for consumers.

    The government is gonna try to put a hold to this but they will eventually approve it.
  • metta

    Posts: 39140

    Aug 31, 2011 8:47 PM GMT
    paulflexes saidNow if only they'd do the same thing with all these big bank mergers...


    +1
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    Aug 31, 2011 8:52 PM GMT
    metta8 said
    paulflexes saidNow if only they'd do the same thing with all these big bank mergers...


    +1


    +2
  • Posted by a hidden member.
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    Aug 31, 2011 8:55 PM GMT
    Not going to happen with banks, not now, not ever. JP Morgan bought WAMU and the government signed off on leaving the debt with WAMU.. normally illegal and impossible, but when the government is on your side its legal!

    but glad they did it with the merger, mostly because AT&T stock will drop when they lose the appeal and I can invest icon_razz.gif
  • rioriz

    Posts: 1056

    Sep 01, 2011 12:30 AM GMT
    rund86 said
    metta8 said
    paulflexes saidNow if only they'd do the same thing with all these big bank mergers...


    +1


    +2



    X
  • JP85257

    Posts: 3284

    Sep 01, 2011 2:46 AM GMT
    Why would they stop the banks? They are basically forcing it.
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    Sep 01, 2011 2:52 AM GMT
    I miss those MCI commercials.
  • JP85257

    Posts: 3284

    Sep 01, 2011 3:27 AM GMT
    Ariodante saidI miss those MCI commercials.

    Just makes ya wanna reach out and touch someone?
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    Sep 01, 2011 3:43 AM GMT
    I thought they were already the same company and were just hadn't combined the brands yet? On my phone there's an option to manually choose which cell tower you're picking up your signal from, and it lists both tmobile and at&t???
  • Posted by a hidden member.
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    Sep 01, 2011 4:14 AM GMT
    [quote][cite]bigkevc said[/cite]
    alphatrigger saidI remember when Ma Bell was broken up into several regional TelCos:

    US West
    Bell Atlantic
    Pacific Bell
    BellSouth
    NYNEX
    MCI

    ...among many others, as well as the many mobile providers that arose in the 1990s and early 2000s.

    Now we are down to:

    Verizon
    AT&T
    T-Mobile
    Sprint

    Glad to see the government actually do something right for once.


    You're comparing wireline with wireless, buddy. B-)

    T-Mobile-USA is a wholly owned subsidiary of Deutsch Bundespost Telekom, AG, otherwise known as the German government.

    http://en.wikipedia.org/wiki/T-Mobile
    http://en.wikipedia.org/wiki/T-Mobile_USA
    Headquartered here in Bellevue, WA.

    After AT&T locked in an exclusive contract with the iPhone back in 2007, I'm DT has seen the writing on the wall and is happy to saddle AT&T with their white elephant. AKA, take the money and run like hell back to Germany.

    Of all the industries I've worked in, none have EVER attained the level of drama brought on by the European wireless industry. Add to that, EU politicians keen to keep the tax revenues flowing from the wireless industries to keep their govt budgets in the black without cutting social programs.

    TMobile USA was careful to motivate AT&T to pay for TV advertisements that portray the sale as something its subscribers would want to fight for with their state representatives. They want AT&T to put every available ounce of pressure on the US government to ensure the deal is approved. The contract is written to pay TMobile 3 billion$$$ and transfer ownership of valuable US spectrum licenses if the US government prevents the sale.

    I'm not emotionally involved in that industry anymore.

    For a drama-free life, get Verizon.