Washington – Sprint Nextel on Tuesday formally requested that the Federal Communications Commission (FCC) block AT&T’s proposed $39 billion acquisition of T-Mobile USA.
The company said the acquisition would “harm the broadband economy, competition and consumers, and “has no public interest benefit.”
It also said the deal — which would create the nation’s largest wireless carrier — can’t be remedied through divestitures or conditions.
“This proposed takeover puts our mobile broadband future at a crossroads,” said Vonya McCann, Sprint’s senior vice president of government affairs, adding the approval of such a deal “merely protects only AT&T and leads the rest of us back down the dirt road to Ma Bell.”
The deal, first announced in March, must be approved by the FCC and Justice Department.
Related Links:
http://newsroom.sprint.com/article_display.cfm?article_id=1926
