The Wall Street Journal is reporting that AT&T ran into a major roadblock from the government over the proposed acquisition of T-Mobile USA. Both companies are calling it quits and going back to the drawing board, as it were.
AT&T said the following in an official statement:
“The actions by the Federal Communications Commission and the Department of Justice to block this transaction do not change the realities of the U.S. wireless industry. It is one of the most fiercely competitive industries in the world, with a mounting need for more spectrum that has not diminished and must be addressed immediately. The AT&T and T-Mobile USA combination would have offered an interim solution to this spectrum shortage. In the absence of such steps, customers will be harmed and needed investment will be stifled.”
In this week's Law and Apple, Samsung makes an offer that Apple can't refuse (but does), and T-Mobile decides to join forces with Verizon and support Samsung. Hey, what do they care? it's not like they have the iPhone, right?
And finally, we'll recap the thrilling conclusion of the Clone Wars. It's like the Star Wars Clone Wars but with fewer fanboys and no Ewan McGregor.
Closer and closer we get to the rumored release date of the next generation of iPhones. And, true to form, the rumor mill stories are all starting to get more and more overlapping and similar. October 4th is almost universally agreed as the Go-Date and things are starting to gear toward a two model release. Well, then, what else is going down?
Competition is fierce in the world of wireless, but that doesn’t mean that telecom giants can’t occasionally come to each other’s aid in times of crisis. Case in point: Recent comments by Verizon CEO Lowell McAdam which appear to be in favor of rival AT&T gobbling up T-Mobile.
We know this much: there's another iPhone on the horizon. Maybe. Rumors suggest that the phone will also be available on all major carriers, including Sprint and T-Mobile, which was recently acquired by AT&T. Assuming that the hearsay is true, that leaves an awful lot of choice for the confused consumer. If you're planning on finally adopting the iPhone into your life, you might be wondering which carrier is right for you. Read on for a a comparative breakdown of each carrier that offers the iPhone -- you might even walk away with an itch to end your current iPhone contract.
The Financial Post is reporting on a note to clients from J.P. Morgan's Mark Moskowitz that claims Apple will launch two new iPhones this fall: a redesigned iPhone 5 and an "iPhone 4-plus". According to the report, both devices will be available on AT&T, Sprint, T-Mobile, and Verizon, with the iPhone 4-plus designated as an inexpensive model for the masses in the U.S., as well as China.
Usually by this point in September, the rumor mill would be in overdrive churning up advance word about a new iPod touch or maybe new iTunes features, but this year is different. With the iPhone 5 pushed from its usual early summer release, all eyes are focused on the new handset, which seems to be popping up everywhere except from Apple themselves.
The end of August tends to be a slow time on the news desk, as last minute vacations are crammed in, as sleepy vacationers slowly get back in the groove of things, and as parents start bundling their kids off to school once more. Who has time for the news under those circumstances? Well, here's the stories that were heating up our thermometers this week, burning up the wires.
AT&T will soon present a new, two-track plan to United States antitrust regulators in an effort to salvage its proposed purchase of T-Mobile. The deal, estimated at $39 billion, hit a major roadblock yesterday when the Justice Department announced it would be filing suit to stop the merger, as it would lead to just three wireless companies controlling 90 percent of the U.S. market.
AT&T hopes there are enough concessions in the new plan to to allow for a settlement before the lawsuit goes to trial.