With the motions now in place for AT&T to begin the acquisition/merger of T-Mobile, the other major players have stated their opinions on the matter. As you may already know, Sprint and Verizon are on opposite spectrums with this new deal. Sprint’s CEO Dan Hesse stated, “I have concerns it would stifle innovation” when referring to the possible acquisition. Additionally, Sprint has already stated the following:
The combination of AT&T and T-Mobile USA, if approved by the Department of Justice (DOJ) and Federal Communications Commission (FCC), would alter dramatically the structure of the communications industry. AT&T and Verizon are already by far the largest wireless providers. A combined AT&T and T-Mobile would be almost three times the size of Sprint, the third largest wireless competitor. If approved, the merger would result in a wireless industry dominated overwhelmingly by two vertically-integrated companies that control almost 80% of the US wireless post-paid market, as well as the availability and price of key inputs such as backhaul and access needed by other wireless companies to compete. The DOJ and the FCC must decide if this transaction is in the best interest of consumers and the US economy overall, and determine if innovation and robust competition would be impacted adversely and by this dramatic change in the structure of the industry.
Verizon Wireless on the other hand, is going full steam ahead on course. To sum it all up, Verizon Wireless has better things to worry about. Verizon Wireless CEO Daniel Mead told the world that they are not contesting the AT&T – T-Mobile deal at all. Mead states that “Anything can go through if you make enough concessions.” So what will Verizon do? For starters, they are not worrying about acquiring Sprint. Mead on that matter states, “We don’t need them”. What they will focus on is being the most profitable U.S. Wireless provider.
We have their stories, what’s yours? A lot of you are concern about how this will affect the landscape for consumers at T-Mobile. However, this could affect consumers across all carriers? Pricing, phone selection, data caps, etc. Does this bother you at all? Do you feel this acquisition/merger should be stopped? Hit up our comments and let us know