Sprint and Uncle Sam aren't the only ones taking issue with AT&T's proposed acquisition of T-Mobile, because Cellular South has a bone to pick, as well. Yesterday, the provider filed a lawsuit against AT&T in a DC federal court, charging that its $39 billion merger with T-Mobile would violate US antitrust laws. "The merger of AT&T and T-Mobile is anti-competitive, and will result in consumers facing higher prices, less innovation, fewer choices and reduced competition," Cellular South said in a complaint. The company went on to argue that legal evaluation of the merger must incorporate the perspectives of smaller, regional carriers who, like Cellular South, will "find it harder to secure both wireless devices at competitive prices and times and nationwide roaming." An AT&T spokesman declined to comment on the case, but you can find more details about it at the source link below, or in the full press release, after the break.
Continue reading Cellular South files antitrust lawsuit against AT&T over proposed T-Mobile takeover
Cellular South files antitrust lawsuit against AT&T over proposed T-Mobile takeover originally appeared on Engadget on Tue, 20 Sep 2011 05:42:00 EDT. Please see our terms for use of feeds.
Permalink
Bloomberg Businessweek | 
Cellular South Inc. v. AT&T Inc. (PDF) | Email this | Commentsholland maria sharapova coyote mw3 mw3 get well soon get well soon
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.