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Paul Merrell

AT&T Ends $39 Billion Bid for T-Mobile - NYTimes.com - 0 views

  • AT&T said on Monday afternoon that it had withdrawn its $39 billion takeover bid for T-Mobile USA, acknowledging that it could not overcome opposition from the Obama administration to creating the nation’s biggest cellphone service provider.The company said in a statement that it would continue to invest in wireless spectrum, but could not overcome resistance from both the Justice Department and the Federal Communications Commission.
  • Under the terms of the deal, AT&T will pay Deutsche Telekom $4 billion in cash and wireless spectrum as a break-up fee, and the two companies will begin a seven-year roaming agreement that will expand T-Mobile’s national coverage.
Paul Merrell

FCC Chairman: Spectrum deficit could set wireless data back 50 years | Wireless News - ... - 0 views

  • "We are fast entering a world where mass-market mobile devices consume thousands of megabytes each month," FCC Chairman Julius Genachowski warned at CTIA Wireless yesterday. "So we must ask: what happens when every mobile user has an iPhone, a Palm Pre, a BlackBerry Tour, or whatever the next device is? What happens when we quadruple the number of subscribers with mobile broadband on their laptops or netbooks?"The short answer: We will need a lot more spectrum."
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