AT&T Sees Some Trade-Offs
AT&T Chief Executive Randall Stephenson said he expects some divestiture of customers and wireless spectrum as the company marches through the approval process to close its acquisition of T-Mobile USA.
"We anticipate there will be some markets we will have to divest," Stephenson said. When the deal was first announced, Stephenson said he was starting with the belief that no concessions would be made. On March 30, he acknowledged that they were commonplace in these kinds of deals. However, he said it was too early to say whether more concessions would be needed beyond asset divestitures, and he didn't comment on which markets might be potentially targeted. Verizon Wireless Chief Executive Dan Mead previously said his company sees an opportunity to potentially scoop up some divested assets.
AT&T Sees Some Trade-Offs AT&T chief defends T-Mobile tie-up (Financial Times)