Wednesday, August 31, 2011

Rejoice! DOJ Says "Nu-uh" To AT&T and T-Mobile Merger!!!

Just in a bit ago.  On Anti-competitive grounds, the US Department of Justice filed a lawsuit to stop the merger between AT&T and T-Mobile.  

Whether AT&T saw this coming or not is something we will know in the coming hours.  Probably days.  Folks will be coming out to talk about this.  You know, people with "special knowledge" of AT&T's thinking.  

This is probably going to make AT&T give up a lot of stuff.  But I hope the US gov is serious about this.  AT&T has not provided sufficient reasons why it needs T-Mobile.  In fact, a leak memo showed that it needs far less spectrum and resources to build out this LTE network.  

This is a great way to start off the morning.

Source:  CNBC.  

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