martedì 6 settembre 2011

Sprint files suit, looking to block proposed AT&T and T-Mobile transaction

 Sprint

The battle of over the AT&T and T-Mobile continues today. Sprint has now filed a lawsuit against AT&T, hot on the heels of the U.S. Justice Department's own suit opposing the merger. AT&T responded to the Department of Justice at the time but Sprint isn't stepping down over this matter anytime soon, as noted in their press release:

"Sprint opposes AT&T’s proposed takeover of T-Mobile,” said Susan Z. Haller, vice president-Litigation, Sprint. “With today’s legal action, we are continuing that advocacy on behalf of consumers and competition, and expect to contribute our expertise and resources in proving that the proposed transaction is illegal.

Long and short of it all here folks, this battle is just getting started and as of now, no one knows exactly how it will play out but Sprint is doing everything they can to prevent it from going through. They firmly believe it will give AT&T too much control over the wireless market which in turn, will be bad for consumers as a whole. Full press release is after the break for you all.

read more


weather radar soccer football

Nessun commento:

Posta un commento