Archive for: merger

AT&T Has Outs To Escape Breakup Fee Should AT&T/T-Mobile Merger Fall Through.

  • September 5, 2011 1:50 pm

Almost bigger than the AT&T/T-Mobile merger news itself is the fact that should the merger fall through, AT&T is on the hook for up to $6 billion in cash. While T-Mobile would most likely rather be taken under AT&T’s wing, we’re pretty sure they’d gladly accept $6 billion to fill their bank accounts with. But therein lies the problem. Even if the merger does fall through, AT&T has built in protections that exempt them from any breakup fees…

Leaked AT&T-Mobile Merger Documents Re-Published Online.

  • August 16, 2011 1:23 pm

Almost as fast as a few damning pages of secretive AT&T/T-Mobile merger documents were uploaded to the FCC’s website they were removed. Thankfully Gizmodo snagged said documents and re-published them to show the sham AT&T is trying to pull. We’ve already gone over the basic gist of what AT&T is reporting to public officials (and the public) and how it’s different from what their own internal documents state. For now we’ll let you sift through AT&T’s growing web of lies as all six pages of the scandalous FCC document are ready and waiting just after the break…

Google To Purchase Motorola Mobility For $12.5 Billion.

  • August 15, 2011 8:06 am

The mobile world just became a lot more interesting — today it has been revealed that Google is in the beginning stages of purchasing Motorola Mobility, the company’s mobile-only unit. The acquisition will cost Google a cool $12.5 billion, though shouldn’t be too hard for Google to muster up considering their $35+ billion cash reserves. According to the press release Google will run Motorola as a separate business and Motorola will continue to be an Android licensee.

Google’s new stance raises some very interesting questions/scenarios. First and foremost, Google will now more or less feature a complete “stack” — they’ll control both hardware and software in-house much like Apple. As far as Motorola competitors go, will they see Google’s acquisition as but another challenge or defect to Windows Phone? You have some time to think it over as final approval for the acquisition isn’t expected until late 2011/early 2012.

The next few months will be highly interesting to watch play out. Thoughts? Press releases after the break.

AT&T/T-Mobile Merger Woes: Large Number Of T-Mobile Stores To Close.

  • June 23, 2011 10:12 am

Besides the fact that allowing AT&T and T-Mobile to create one uber carrier that will hold an extremely disproportionate amount of the cellular market, a new report by the Wall Street Journal casts even more doubt on how many people the merger will actually help.

Currently there are roughly 9,200 AT&T and T-Mobile stores across the U.S. with ~41% of all AT&T stores having a T-Mobile store within 1 mile. It doesn’t take a rocket scientist to see where this is going — broke town for current T-Mobile store owners large and small.

The real kicker, however, is that T-Mobile and AT&T employees are not allowed to communicate as to which stores are actually closing giving T-Mobile store owners absolutely no heads up to prepare for possible impending financial ruin.

With already weak housing and retail economies, hearing of several thousand store closings isn’t likely to spur economic growth in the respective neighborhoods and communities that will be affected.

Hurray for less competition and price hikes!

AT&T and T-Mobile – A Rocky Marriage So Far

  • June 16, 2011 4:06 pm

On March 20, AT&T announced it had acquired T-Mobile USA for nearly $40 billion. This made it the premier player in the U.S. wireless market, with its new total of almost 130 million subscribers significantly surpassing Verizon’s 102 million subscriber total. AT&T CEO and Chairman Randall Stephenson claimed the deal would improve network quality and spread LTE capability to more people than ever than ever before. However, the results of the merger may not be so clear-cut…

Rumor: Microsoft And Nokia In Merger Talks?

  • May 16, 2011 11:05 am

Hearing rumors of a potential Nokia purchase by software giant, Microsoft, is both surprising and expected. Several weeks back when the two companies made a joint announcement detailing future Nokia devices transition to Windows Phone 7, the writing was (for us) on the wall. How long would the two companies exist as separate entities with so much heavy collaboration? If infamous mobile leaker, Eldar Murtazin, is correct in his latest blog post, we didn’t have to wait very long at all.

According to Murtazin, Nokia is desperate not just for Microsoft to revamp their mobile phones, but to take full control of the company by way of take over/purchase. Such a marriage would unit the world’s largest software maker and hardware manufacturer into one super company. The resulting company would instantly have the benefits of both massive software and hardware muscle, though their combined effectiveness would obviously need to be proven.

The meetings between the two companies supposedly goes down this week. It’s unlikely either party will acknowledge such a deal if true. With that said, keep close to GS for the latest on this developing story.

FCC Denies Public Disclosure Of AT&T/T-Mobile Merger Documents.

  • April 27, 2011 9:40 pm

Fans of government transparency entranced with the ongoing AT&T/T-Mobile merger will likely need to pop a Xanax after hearing news that the FCC is barring the public disclosure of documents concerning said merger.

We adopt [these] procedures to provide more limited access to certain especially competitively sensitive information that may be filed in this proceeding, which, if released to competitors or those with whom the Submitting Party does business, would allow those persons to gain a significant advantage in the marketplace or in negotiations. We anticipate that such materials will be necessary to develop a more complete record on which to base the Commission’s decision. While we are mindful of the highly sensitive nature of such information, we are also mindful of the right of the public to participate in this proceeding in a meaningful way.

For the record, Sprint has requested access to certain documents as well as hired a third-party law firm to glance over many more. With that said, while we understand the FCC’s reasoning in that there are likely certain sensitive topics that shouldn’t be revealed to competitors from a business perspective, denying all documents is a tad shortsighted.

Hopefully some transparency trickles out before a yay/nay decision is reached as hundreds of millions of people will be affected.