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09/09/2011, 06:29 PM
#1
Hi all,
FYI see link.
Take care,
Jay
September 9, 2011
AT&T Fights Back at U.S. Challenge of T-Mobile Deal
By REUTERS
http://www.nytimes.com/reuters/2011/...gewanted=print
WASHINGTON (Reuters) - AT&T Inc and T-Mobile USA fought back against the Justice Department's challenge to their proposed merger, arguing the deal would "usher in more intense competition."
AT&T and T-Mobile, owned by Deutsche Telekom AG, argued in a federal court filing on Friday that the massive $39 billion deal would free up spectrum and create new capacity for Americans whose mobile devices are transmitting increasingly large amounts of data.
"The Justice Department's complaint fails to come to grips with the significant efficiencies this transaction will generate," the companies said in their filing.
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