Activist Groups: Ding-Dong, the AT&T–T-Mobile Deal Is Dead
"AT&T officially surrenders," said the headline of one e-mail. "AT&T Finally Abandons Doomed Merger," said another. "We are thankful that the proposed AT&T and T-Mobile merger is now officially dead," said another.
"This deal has been as good as dead for months because the facts never matched AT&T's fabrications about the benefits of the merger," said Free Press President Craig Aaron. "As the public, the Justice Department and the FCC long ago recognized -- and now even AT&T must admit -- this deal would have only meant higher prices, fewer choices and tens of thousands of lost American jobs. Good riddance. The Obama administration deserves praise and credit for standing up to AT&T's relentless lobbying and propaganda."
The National Hispanic Media Coalition celebrated the news. "The combination of AT&T and T-Mobile would have left two wireless carriers with nearly 80% of the mobile phone market, leading to less competition, higher prices, and fewer choices for mobile phone customers. It would have also led to job losses."
"In this age of cynicism, it is important for the American people to see that Washington does not always go to the highest bidder," said Public Knowledge legal director Harold Feld. "The Department of Justice and the Federal Communications Commission stood up to tremendous lobbying pressure as AT&T spent tens of millions of dollars trying to push this merger through. We hope that AT&T and T-Mobile will focus on deploying the best, most competitive networks possible rather than trying to merge to duopoly. These businesses are fundamentally sound, and have what it takes to bring broadband and jobs to America on their own. We look forward to seeing them re-imagine what's possible, rather than trying to rule the air."
Activist Groups: Ding-Dong, the AT&T–T-Mobile Deal Is Dead