This entire story is just a bit odd but after reading over a few details I just had to write it up. Basically AT&T isn’t helping their case one bit regarding the AT&T T-Mobile merger. Apparently a statement was spotted in the FCC filing that had a portion redacted by AT&T and now we look over things it just doesn’t make any sense.
It seems AT&T stated they only need $3.8 billion to bring 4G LTE to 97% of their subscribers based the current state and progress of things. Now I know $3.8 Billion is a pretty big hunk of change but not for them, especially when you consider what they offered T-Mobile for the buyout — does anyone remember? $39 Billion, yea a huge difference.
AT&T is stating in their case for the T-Mobile buyout that they absolutely need the merger to go through. Basically saying they need the available spectrum’s and infrastructure in place via T-Mobile to help them rollout and continue to build their 4G LTE network. So if you step back and look at that, the FCC filing states they only need $3.8 billion in funding to complete the rollout and fully build up their LTE network. All the while they are also saying it is crucial that they buy T-Mobile for the whopping $39 billion that was agreed upon. Wouldn’t it be much easier to just spend the $3.8 billion — just a thought.
So in a round about way everything they have been saying regarding the need for T-Mobile was completely undercut with the leaked documents from the FCC filing and the $3.8 billion statement. Unless there is much more details that we don’t know, it appears they think everyone doesn’t know basic math. While I only briefly read into AT&T’s official statement things just seem a bit off and don’t really make any sense. For more details hit the source link and check out AT&T’s complete response.
[via SlashGear]
I knew all along, that AT&T’s cheaper route would be to invest in itself. They just wanted T-mobile to have an excuse to Leverage more cash out of consumers.
i would be more interested in knowing how much VZW says it will cost them to roll out 4g to the same 97%. I doubt its anywhere close to 3.8 billion!!! The more the death star lies the more transparent their lies become. Even the few FCC guys that have been bought off are going to have a hard time okaying this one as more and more details come to light.
I just hope the FCC and DOJ kill this deal soon so that Tmobile should not be under this dark cloud of being gobbled up. This is making some of their customers starting to jump ship. Tmobile is working hard to increase the speed of their network…what they need now is serious work on increasing their customer base and eventually they will find their own path to LTE.
I just hope the FCC and DOJ kill this deal soon so that Tmobile should not be under this dark cloud of being gobbled up. This is making some of their customers starting to jump ship. Tmobile is working hard to increase the speed of their network…what they need now is serious work on increasing their customer base and eventually they will find their own path to LTE.
I just hope the FCC and DOJ kill this deal soon so that Tmobile should not be under this dark cloud of being gobbled up. This is making some of their customers starting to jump ship. Tmobile is working hard to increase the speed of their network…what they need now is serious work on increasing their customer base and eventually they will find their own path to LTE.
I sure hope this deal does not go through. AT&T is returning back to being selfish.