Tuesday, September 6, 2011

Mobile: Sprint Sues to Stop Merger Between AT&T and T-Mobile

It's official.  Last week, Sprint released a report debunking any and all of AT&T"s argument for its merger with T-Mobile. And now, Sprint has launched a suit against the deal.

Obviously, Sprint is doing this to make sure it doesn't have deal with what is already a worse situation in mobile as far as it subscribers are concerned.  And don't believe for a second that Sprint wants to do the consumer a favor in the name of competition.

This suit was inevitable.  Last week, the Department of Justice also filed a lawsuit against the merger.

While most experts still believe that the deal will go through because AT&T will sell off assets to please regulators, it probably was going to have to do that anyway.  For AT&T, eliminating T-Mobile does remove a competitor that has been more innovative than the two top wireless providers, in terms of pricing and features.

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