First, let’s get one thing noted. I am biased towards this instance. I personally feel this will be one of the worst things that will happen, and to make matters worst, I don’t think there is any stopping this. Next, I am not an insider. I don’t know any of the back door agreements, and for the most part will be as much in the dark as any other common person. Last, I am not an analyst. To be exact, I am disabled, and live offer of an amount that is below the poverty rate. I am telling this so no one panics and takes my predictions as law, and written in stone. However, on a more personal note, I have a nasty habit of being right a lot of times, and I personally wish I was wrong more often. Just because I say something that is right, doesn’t always means it is beneficial for everyone.
So, with all of this aside, and me trying to keep my animosity towards AT&T in check, I will try to rely on just facts. On March 20, 2011 – AT&T made it known they were buying T-Mobile USA for $39 Billion in cash and stock from Deutsche Telekom. This only affects the T-Mobile company in the United States. Any European Entity of T-Mobile are not affected just as Virgin Mobile in Europe weren’t affected when Sprint bought Virgin Mobile USA. The reason this sale didn’t go through immediately is that it has to be approved by regulatory such as the Department of Justice, the Federal Communications Commission, and the Federal Trade Commission. They normally do not have to get involved with every transaction that takes place, but such a purchase will do a few things.
- Allow a company to have public spectrum that was not normally negotiated to them on a national scale.
- Reduce the number of national carriers that are in the United States
- Make sure that AT&T will not have monopolistic power over the Cellular Industry within the US
- Make sure that the purchase was legal according to the laws in the United States.