Sunday, September 18, 2011

Sprint Hails DoJ Decision To Block AT&T-Tmobile Merger

AT&T-Tmobile Merger
Sprint issued an statement on Friday supporting the DoJ and seven state attorneys opposing the merger between AT&T and T-Mobile, ATTT or ATTTMobile. Department of Justice amended it's complaint against the AT&T T-Mobile merger in the U.S. District Court for the District of Columbia.

WASHINGTON--(EON: Enhanced Online News)--This afternoon, the U.S. Department of Justice announced that seven state attorneys general representing California, Illinois, Massachusetts, New York, Ohio, Pennsylvania and Washington joined the department’s lawsuit against AT&T, T-Mobile and Deutsche Telekom. The Justice Department filed its amended complaint in the U.S. District Court for the District of Columbia.

Vonya McCann, Sprint Nextel (NYSE: S) senior vice president for Government Affairs, issued the following statement:

“After a comprehensive review of the facts related to AT&T’s proposed takeover of T-Mobile, seven state attorneys general have reached the same conclusion as the U.S. Department of Justice: This proposed takeover violates antitrust law and would harm consumers, competition and our nation’s economy. This is a strong stand for American consumers, and Sprint commends this bipartisan group of state attorneys general for joining with the U.S. Justice Department to protect consumers, competition and American jobs.”


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