For full coverage of the Department of Justice’s complaint, check out the official pdf copy. It’s 21 pages long, so if you’d rather just checkout the highlights – we have them below. So what do you think? Will the deal go through? Do you think the DOJ should let this ride or nuke? “The merged firm would have approximately 132 million connections to mobile wireless devices in the United States, with more than $72 billion in mobile wireless telecommunications services revenues.” “In 2010, revenues from the sale of mobile wireless telecommunications services in the United States were approximately $160 billion.” “unless this acquisition is enjoined, customers of mobile wireless telecommunications services likely will face higher prices, less product variety and innovation, and poorer quality services due to reduced incentives to invest than would exist absent the merger.” “In AT7T’s revenues from mobile wireless telecommunications services were $53.5 billion, and its total revenues were more than $124 billion.” “Although smaller providers exist, they are significantly different from these four. For instance, none of the smaller carrier’ voice networks cover even one-third of the U.S. population, and the largest of these smaller carriers has less than one-third the number of wireless connections.” “the ‘Big Four’ – AT&T, T-mobile, Verizon, and Sprint – provide more than 90 percent of service connections to U.S. mobile wireless devices.” Verizon AT&T Sprint (Will probably be bought by someone)… Google….. I think were fine. Get the GOV out of the way so businesses can do business. Comment Name * Email *
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