AT&T’s T-Mobile Bid Draws New York Attorney General Review

AT&T’s proposed $39 billion purchase of T-Mobile USA will undergo a “thorough review” by New York Attorney Eric Schneiderman for possible anti-competitive impact in the state. “Affordable wireless service and technology, including smart phones and next generation handheld devices, are the bridge to the digital broadband future,” AG Schneiderman said. “We want to ensure all New Yorkers benefit from these important innovations that improve lives.” AG Schneiderman said the potential impact of the merger may be greater in places such as Rochester, Albany, Buffalo and Syracuse, where there are fewer wireless options than in New York City. He said he’s also concerned about the impact on consumers who have T-Mobile as a “low-cost option."