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11/26/2011, 12:42 PM
#1
Hi all,
FYI....see link.
Take care all,
Jay
November 26, 2011
In Twist, Blocking AT&T Deal Could Hurt Rivals
By REUTERS
http://www.nytimes.com/reuters/2011/...gewanted=print
NEW YORK (Reuters) - Driven by antitrust concerns, U.S. regulators are fighting hard to block AT&T's $39 billion deal to buy Deutsche Telekom's T-Mobile USA. But, in an ironic twist, smaller U.S. wireless rivals may suffer more if the deal is blocked than if it is approved.
T-Mobile USA would emerge as a stronger, scrappier competitor thanks in large part to the hefty breakup fee it is entitled under the AT&T deal. And on its own, it is likely to fight harder for the low end of the market that is currently the playing ground for the likes of Sprint Nextel Corp, MetroPCS Communications Inc and Leap Wireless International, analysts said.
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