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[Reuters] AT&T braces for T-Mobile deal collapse

post #1 of 50
Thread Starter 
Quote:
AT&T said it would take a $4 billion charge in case its takeover of T-Mobile USA fails, a tacit recognition of the dwindling chances that the deal will get through U.S. regulators who say it would destroy jobs and curb competition.
Quote:
Espirito Santo analysts said AT&T's decision to take the $4 billion charge this quarter showed that the company's own assessment of the chances of success had fallen.

"It tells us something about timing too - suggesting that AT&T may decide to walk away at the first opportunity (March 20, 2012) rather than waiting for the ultimate September 20, 2012 deadline," they wrote in a note to clients.

Source
post #2 of 50
Good. Serves them right
Herschel
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Herschel
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post #3 of 50
maybe now at&t will grow a pair and provide 3g coverage to more than like 10% of US soil.. note: soil.. just because most major cities have it doesnt matter if where we go doesnt.. and ghe focus on 4g? finish the 3g rollout first..
    
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post #4 of 50
AWESOME!

This is great news for EVERYBODY...except for those greedy AT&T execs, board members and share holders. Which is fine by me, they don't need any more money.

This means that TMobile employees won't lose their jobs due to corporate merging BS, and that us as consumers won't have to deal with higher prices, zero competition in the GSM market, and lower quality handsets. All of which would happen if AT&T was to purchase Tmobile.

Competition is good. Thank God this is one thing congress and the FCC have done right.
post #5 of 50
Pretty sure an eight grade social studies student could have predicted this.
 
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post #6 of 50
nONONOONO frown.gif

Please merge, please!!!!

I have cell accts with both companies and merge would benefit me so much. AT&T charges like 2x what I pay t-mo
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post #7 of 50
Quote:
Originally Posted by MGX1016 View Post

nONONOONO frown.gif
Please merge, please!!!!
I have cell accts with both companies and merge would benefit me so much. AT&T charges like 2x what I pay t-mo

And if the merge goes through, you get the exciting new price of paying the AT&T price twice!
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post #8 of 50
Posting as an AT&T employee, from work (AT&T IP Address, check me out bro) tongue.gif


I am happy to hear this. My cell phone is with T-Mobile and I DO NOT want AT&T Taking over T-Mobile.

Looking forward to our weekly email about what the company is going to say about this lolololol

119
Edited by TitaniumClocker - 11/24/11 at 8:40pm
 
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post #9 of 50
as soon as ATT acquired Cingular, I dropped em. That's all I have to say about that.
    
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post #10 of 50
As soon as Bell turned into AT&T, my whole family permanently jumped onto Verizon home and wireless. AT&T sucks.
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