Mar 202011
I was slightly shocked to see the news that AT&T is looking to acquire T-Mobile for $39 billion, but it does make sense. T-Mobile lags behind all others in the US and has been looking for a buyer for years now. AT&T has cash and wants to keep the pressure on Verizon. Both AT&T and T-Mobile use GSM, so it make sense from a tech standpoint too. Of course it will need to be approved by various government regulators before anything can happen, but I don’t see that being a problem. If AT&T acquires T-Mobile, where does that leave Sprint? I think that’s the biggest question. Does Verizon look to snatch them up?
At least we can look forward to months and months of jokes about how two bad cell companies don’t make a good one.
2 Responses to “That’s No Moon: AT&T to Acquire T-Moblie”
Comments (2)
I am not sure what to think of this one. My initial thought is it is just a consolidation of very large companies which reduces competition and eventually hurts the consumer. ATT was broken up in the 80s for a reason. And now we will be left with very few national choices. These companies already get away with killer fees such as $.20 for a text message. I shudder to think how much bigger my bill is going to be in a couple of years.
Yeah, I can’t think of any way this can be a win for consumers. Granted, I’ve been both Sprint and T-mobile customers at one time, and had bad experiences with both, vowing I’d never go back — but I don’t see how less competition will benefit end users, no matter how bad the alternatives are.