“Sprint Nextel Corp. is concerned that AT&T Inc.’s acquisition of T-Mobile USA will leave the U.S. telecommunications market dominated by two companies and hurt its ability to compete, a person familiar with the company’s thinking said Sunday,” Shayndi Raice reports or The Wall Street Journal.
Raice reports that Sprint “”has managed to stabilize declines in customers and revenue, but still doesn’t carry Apple Inc.’s iPhone and has much weaker profit margins than AT&T or Verizon.”
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Electronista reports, “Sprint objected to the $39 billion deal and said it would “alter dramatically” the US cellular landscape. It would put too much power in the hands of AT&T and Verizon, making them gatekeepers for things such as backbones and roaming deals… Democratic Senator Jay Rockefeller stressed to the Department of Justice and the FCC that it was “absolutely essential” the deal be investigated. He added that the Commerce Committee would be involved.”
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