Last month, AT&T withdrew its bid to purchase T-Mobile USA from Duetsche Telekom after a lot of criticism, especially from the Department of Justice and the FCC. The merger did receive a lot of support, but criticism proved to be louder.
As the hearing date for the AT&T/T-Mobile merger draws closer, it seems the controversies surrounding it are only getting more complex. From the initial announcement back in March, consumer groups have spoken out against the deal. But the opposition has gotten much more intense recently with both the U.S. Department of Justice and Sprint filing lawsuits to block AT&T’s $39 billion planned takeover of T-Mobile.
Ever since AT&T announced its $39 billion acquisition of T-Mobile USA, consumers have been speculating about its potential impact. Some people have spoken out in favor of it, and others have strongly opposed it.