Sprint Statement on AT&T Request for FCC Approval of T-Mobile Takeover

And so it begins. Today AT&T filed a formal application to the FCC requesting approval of its bid to takeover T-Mobile. Sprint's Senior Vice President for Government Affairs, Vonya B. McCann issued the following statement:

“Today’s filing only reinforces the significant risks presented by AT&T’s proposed acquisition on the U.S. consumer and the wireless industry overall. It is an indisputable fact that this takeover would create an entrenched duopoly with control of approximately 80% of wireless industry revenues. This kind of leverage could strangle competition and give AT&T the power to increase prices, threaten innovation critical to this industry and eliminate American jobs. 

 

We are confident that when the FCC examines the record that will be built in this docket, they will conclude that AT&T’s attempt to acquire T-Mobile should be rejected outright. This proposed takeover cannot be fixed with conditions or divestitures. We believe the facts and the law dictate that this transaction must be blocked, and are confident that the Department of Justice and FCC will determine that this takeover is not in the interest of the American public.”