Leaked AT&T Letter Damages Case For T-Mobile Merger
An anonymous reader writes "Yesterday a partially-redacted document briefly appeared on the FCC website, accidentally posted by a law firm working for AT&T on the $39 billion T-Mobile deal (somewhere there's a paralegal looking for work today). While AT&T engaged in damage control, telling reporters that the document contained no new information, a review of the document shows that's simply not true. Data in the letter undermines AT&T's primary justification for the massive deal, while highlighting how AT&T is willing to pay a huge premium simply to reduce competition and keep T-Mobile out of Sprint's hands."
No, really there isn't. Corporate takeovers to stifle the competition is normal practice ( hell its the primary reason they exist ), so nothing 'new' was really released here.
---- Booth was a patriot ----
I was a recent visitor to the USA and was astonished at the 3rd world nature of its cell system. I had never imagined it was so bad, before visiting. Why USAians don't demand better regulation is a mystery to me. They seem intent on defending the very thing that makes their lives miserable compared with most developed nations.
This was also the impression I had of its subway system. I've ridden subways in Moscow, Tokyo, London, and other major cities. All were clean, safe, and the sort of system a developed nation can be proud of. The subways in the US smelled of urine (!!), were infested by RATS (!!), covered with trash, and had the feel of a thing you'd only want to use if you do not value your personal safety. This was my first exposure, and really changed the view I used to have of the USA as an advanced nation. It really is on par with some very poor and undeveloped countries in terms of civic infrastructure.
The sad thing? Almost every person who stood up disclosed that they had received grants, money or deals from AT&T. Two hours later, I walked of the forum disgusted. I've been an ATT customer before, and I don't want to be again, and people must agree with me, because 50k people jumped ship from T-Mobile last quarter.
I'm bummed because T-Mobile has historically been a great company to work with. Any company that rings you up to make you aware of and retroactively pay for an overcharge is okay in my book. For some reason, I couldn't see ATT doing that kind of thing. Oh well, at least I'll be able to jump ship to Sprint when ATT officially acquires T-Mobile. I don't trust the FCC or the FTC to lift a finger to stop this merger.