Key senator opposes AT&T $39B purchase of T-Mobile

July 20, 2011 By JOELLE TESSLER , AP Technology Writer

(AP) -- A key member of the Senate Judiciary Committee is calling on federal regulators to block AT&T's proposed $39 billion purchase of T-Mobile USA.

Herb Kohl, a Wisconsin Democrat, is chairman of the Senate Judiciary subcommittee that handles antitrust matters. He says the transaction would lead to higher prices and fewer choices for consumers by leaving just three national wireless carriers. He notes that two of those carriers - AT&T and Verizon Wireless - would control nearly 80 percent of the market.

He says that by eliminating , the merger would remove the one carrier offering less expensive prices and rate plans.

Thus, he says, the acquisition "would likely cause substantial harm to competition and consumers."

Kohl sent a letter to the Justice Department and the Federal Communication Commission on Wednesday.

©2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Filter


Move the slider to adjust rank threshold, so that you can hide some of the comments.


Display comments: newest first

FrankHerbert
Jul 20, 2011

Rank: 1 / 5 (3)
How long before Ma Bell fully reassembles itself? I give it a decade tops.

Urban Dictionary has a pretty good take on it:

2. Ma Bell

a no longer out-dated term for the telephone system. Now that AT&T has eaten up BellSouth, Ma Bell lives again. Watch her eat up the other surviving Baby Bells. She's like that evil robot in Terminator 2, whom they chopped up into bits and the bits melted and melded.
J-n
Jul 21, 2011

Rank: not rated yet
According to our resident Conservatives (marjon/ryggesogn2, etc) this would be a horrible thing. Government should not get in the way of business activities.

What could be bad about only 1 company owning all land line and a majority of cellphone services in the nation, buying up any provider that offers services for less than they do. Interesting method of price control eh?

Unregulated Free market at work Means we will have a few very large companies running everything, buying up or otherwise forcing any and all competition out of the market.

(Huzzah to Herb Kohl for taking a stand!)
Rank 5 /5 (1 vote)
Relevant PhysicsForums posts

More news stories

Browser wars flare in mobile space

The browser wars are heating up again, but this time the fight is for dominance of the mobile Internet.

Technology / Software

created 2 hours ago | popularity 5 / 5 (1) | comments 2

SpotterRF debuts Radar Backpack Kit (w/ Video)

(Phys.org) -- SpotterRF has announced a special radar backpack kit designed to enhance situational awareness for soldiers on the ground. The company says its special radar is designed for warfighters as part ...

Technology / Hi Tech & Innovation

created 23 hours ago | popularity 5 / 5 (5) | comments 12 | with audio podcast report

Probability of contamination from severe nuclear reactor accidents is higher than expected: study

Catastrophic nuclear accidents such as the core meltdowns in Chernobyl and Fukushima are more likely to happen than previously assumed. Based on the operating hours of all civil nuclear reactors and the number ...

Technology / Energy & Green Tech

created May 22, 2012 | popularity 3.6 / 5 (21) | comments 56 | with audio podcast

HyperSolar shows dirty water no barrier to power world

(Phys.org) -- The Santa Barbara, California, company, HyperSolar, is set to transparently share the ups and downs of its research experiences toward the company’s ultimate vision, successfully producing ...

Technology / Energy & Green Tech

created May 24, 2012 | popularity 4.8 / 5 (15) | comments 17 | with audio podcast report

Tesla to launch electric sedan in US on June 22

Tesla Motors said Tuesday it would begin deliveries of "the world's first premium electric sedan" on June 22, slightly ahead of schedule.

Technology / Energy & Green Tech

created May 22, 2012 | popularity 4.5 / 5 (11) | comments 18


Nvidia trumpets Tegra 3 phone design wins for 2012

(Phys.org) -- Nvidia’s competitive war paint has a name, Tegra 3. On the heels of Nvidia announcements about lowering costs of its Tegra 3 processors and Nvidia-enabled tablets running Android Ice Cream ...

Scientist: Evolution debate will soon be history

(AP) -- Richard Leakey predicts skepticism over evolution will soon be history. Not that the avowed atheist has any doubts himself.

Dell tablet leak: 10.1-inch display, two-battery choice

(Phys.org) -- Headline after headline talks about vendors’ tablets in the wings as likely number-one contenders for the iPad. Such claims have justifiably been taken with a grain of salt, considering ...

SpaceX capsule has 'new car' smell, astronauts say (Update)

SpaceX's Dragon cargo vessel smells like a new car, said astronauts at the International Space Station after opening the hatches Saturday following the spacecraft's landmark mission to the orbiting lab.

Thousands of shellfish found dead in Peru

Thousands of crustaceans were found dead off the coast of Lima following the mystery mass death of dolphins and pelicans, the Peruvian Navy said Friday.

Australia hails surprise super-telescope decision

Australia has hailed a surprise decision giving it a role in a radio telescope project aimed at revolutionising astronomy, vowing to draw on its decades of experience in space science.