Government Blocks AT&T - T-Mobile Merger
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Topic: Government Blocks AT&T - T-Mobile Merger
Posted By: Rofl_Mao
Subject: Government Blocks AT&T - T-Mobile Merger
Date Posted: 31 August 2011 at 11:47am
http://abcnews.go.com/Politics/wireStory?id=14420396 - Link.
Article wrote:
The Justice Department filed suit Wednesday to block AT&T's $39
billion deal to buy T-Mobile USA on grounds that it would raise prices
for consumers.
The government contends that the acquisition of the No. 4 wireless
carrier in the country by No. 2 AT&T would reduce competition and
thus lead to price increases. |
Isn't this like communism or some crap like that?
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Replies:
Posted By: Skillet42565
Date Posted: 31 August 2011 at 12:19pm
Communism is awesome.
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Posted By: Ceesman762
Date Posted: 31 August 2011 at 12:20pm
Skillet42565 wrote:
Communism is awesome.
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Good Answer, Comrade.....No Gulag for you and an extra bottle of vodka and roll of toilet paper for you.
------------- Innocence proves nothing FUAC!!!!!
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Posted By: Gatyr
Date Posted: 31 August 2011 at 12:45pm
Rofl_Mao wrote:
Isn't this like communism or some crap like that? |
Not in the slightest way, no.
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Posted By: stratoaxe
Date Posted: 31 August 2011 at 1:17pm
AT&T aquiring any service is bad juju.
Encouraging competition is as capitalistic as it gets.
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Posted By: oldpbnoob
Date Posted: 31 August 2011 at 3:52pm
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From my understanding, the main reason AT&T wanted to buy them up was for their infrastructure, not to get rid of competition. Also hearing part of the merger deal was an agreement to bring 5k call center jobs back to the U.S. and as well as another potential 80k+ jobs to further expand the infrastructure. Sounded like a win/win situation to me.
------------- "When I grow up I want to marry a rich man and live in a condor next to the beach" -- My 7yr old daughter.
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Posted By: High Voltage
Date Posted: 31 August 2011 at 5:16pm
DOJ took ur jerb.
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Posted By: oldpbnoob
Date Posted: 31 August 2011 at 5:28pm
High Voltage wrote:
DOJ took ur jerb. | Not really, my pay scale is pretty far above call center flunky. However, it does seem like it would have some fairly decent lower end positions. Infrustructure build ups could have brought in some nice revenue though. In the end it may have affected me if it brought an increase in communications hardware investment. The electronic component industry could use a nice uptick in demand. Lots of inventory on the shelf these days. So in that respect, yeah it could have had some effect on me I guess.
------------- "When I grow up I want to marry a rich man and live in a condor next to the beach" -- My 7yr old daughter.
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Posted By: agentwhale007
Date Posted: 31 August 2011 at 6:17pm
Rofl_Mao wrote:
Isn't this like communism or some crap like that? |
Almost the opposite, really.
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Posted By: impulse418
Date Posted: 31 August 2011 at 6:39pm
Atlas is shrugging.
I'm actually surprised this didn't go through. I'm sure it will in a few years. As a T-Mobile customer, I was already expecting for them to raise my plan price, as soon as my contract ended.
Leaving me to choose between AT&T and Verizon, both having highest prices out there.
AT&T already has a strangle hold on the world market. They first went out to conquer the rest of the world, and now they are working on the U.S. Scary to think, that pretty much all fiber optic cables running under the ocean, are owned by AT&T.
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Posted By: agentwhale007
Date Posted: 31 August 2011 at 6:44pm
impulse418 wrote:
Atlas is shrugging.
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What is this I don't even.
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Posted By: ArthurBignose
Date Posted: 31 August 2011 at 7:35pm
impulse418 wrote:
Scary to think, that pretty much all fiber optic cables running under the ocean, are owned by AT&T.
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I bet they're intercepting secret government transmissions and modifying them to suit their own agenda!
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Posted By: StormyKnight
Date Posted: 31 August 2011 at 8:00pm
oldpbnoob wrote:
From my understanding, the main reason AT&T wanted to buy them up was for their infrastructure, not to get rid of competition. Also hearing part of the merger deal was an agreement to bring 5k call center jobs back to the U.S. and as well as another potential 80k+ jobs to further expand the infrastructure. Sounded like a win/win situation to me. |
Maybe they could hire all the Sprint employees that would lose their jobs after the company turned belly up.
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Posted By: oldpbnoob
Date Posted: 31 August 2011 at 8:40pm
impulse418 wrote:
Scary to think, that pretty much all fiber optic cables running under the ocean, are owned by AT&T.
| I could be wrong, but would venture a guess that they own them because they are the ones that laid them? I remember a time when Ma Bell owned everything phone related.
------------- "When I grow up I want to marry a rich man and live in a condor next to the beach" -- My 7yr old daughter.
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Posted By: impulse418
Date Posted: 31 August 2011 at 9:00pm
oldpbnoob wrote:
impulse418 wrote:
Scary to think, that pretty much all fiber optic cables running under the ocean, are owned by AT&T.
| I could be wrong, but would venture a guess that they own them because they are the ones that laid them? I remember a time when Ma Bell owned everything phone related. |
Wow I never could have put 2 and 2 together. Thanks OPBN!
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Posted By: tallen702
Date Posted: 31 August 2011 at 9:13pm
Wait wait wait.... See, Cingular bought the old AT&T wireless and Cingular was SBC and Bell South working together. Then SBC bought out the non-wireless end of AT&T. Then, SBC acquired Bell South. So this lawsuit has no merit as AT&T isn't merging with/acquiring anyone. It's SBC that would be acquiring T-Mobile, not AT&T since AT&T technically doesn't exist anymore as anything other than a logo.
Also, plenty of competition out there. Cricket, Virgin, Tracphone, http://en.wikipedia.org/wiki/List_of_United_States_wireless_communications_service_providers - et cetera . And finally, I want my AT&T phone to work not only in the wilds of West Virginia (where it does quite well though no other company does) but also in the middle of Alexandria, VA (where AT&T sucks, but T-Mobile rules).
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Posted By: High Voltage
Date Posted: 31 August 2011 at 9:50pm
Agreed, tallen. The stats in the article I read were making it sound like only 4 cell providers existed.
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Posted By: oldpbnoob
Date Posted: 31 August 2011 at 9:59pm
impulse418 wrote:
oldpbnoob wrote:
impulse418 wrote:
Scary to think, that pretty much all fiber optic cables running under the ocean, are owned by AT&T.
| I could be wrong, but would venture a guess that they own them because they are the ones that laid them? I remember a time when Ma Bell owned everything phone related. |
Wow I never could have put 2 and 2 together. Thanks OPBN!
| No problem. Here to help.
------------- "When I grow up I want to marry a rich man and live in a condor next to the beach" -- My 7yr old daughter.
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Posted By: Gatyr
Date Posted: 01 September 2011 at 4:07pm
impulse418 wrote:
Wow I never could have put 2 and 2 together. |
See, given your previous posts in a number of other threads, that's a legitimate concern.
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Posted By: oldpbnoob
Date Posted: 01 September 2011 at 4:19pm
Honestly, after trying to truly determine who owns the TAT, it's kinda murky. It simply says a consortium of telecommunications companies own it. Couldnt really find a break down showing any percentages or what, so actually my statement could be totally wrong.
------------- "When I grow up I want to marry a rich man and live in a condor next to the beach" -- My 7yr old daughter.
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Posted By: StormyKnight
Date Posted: 01 September 2011 at 5:44pm
impulse418 wrote:
. As a T-Mobile customer, I was already expecting for them to raise my plan price, as soon as my contract ended. |
It is very possible that what happened to me would happen to you. I was an Alltel customer before Verizon gobbled them up. Under Alltel I had a Nationwide calling plan that was $59.99/mo that gave me 900 minutes. Tack on a $30/mo unlimited data plan and a second line for $9.99 and applicable taxes and fees I was paying north of $115/mo. When Verizon stepped in, they grandfathered my plan. Even when my LG Glimmer met with an unfortunate end and I got a Moto Droid, they still allowed me to keep my plan. My bet is you'd get grandfathered as well had the merger been allowed to happen.
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Posted By: impulse418
Date Posted: 01 September 2011 at 7:03pm
$115 a month? My god.
I'm paying $80, unlimited everything.
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Posted By: StormyKnight
Date Posted: 02 September 2011 at 7:17am
impulse418 wrote:
$115 a month? My god.
I'm paying $80, unlimited everything.
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What phone and carrier? How many minutes? Any additional lines?
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Posted By: ParielIsBack
Date Posted: 02 September 2011 at 11:15am
Since everyone has unlimited night and weekend minutes, I'm not sure there's a reason to have unlimited minutes anymore. The family plan I'm on has five lines sharing 700 minutes and we've never exceeded that. That said, you do come out 200 minutes ahead of the Verizon plan for the same $70 and two lines, I just doubt anyone would use those minutes. The money is definitely in data and texting these days.
I'm betting he has Sprint unlimited.
------------- BU Engineering 2012
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Posted By: Rofl_Mao
Date Posted: 02 September 2011 at 11:40am
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I have 300 minutes, unlimited text video and picture messaging, 500mb of data, plus caller id for around $65 a month on my Blackberry.
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Posted By: ParielIsBack
Date Posted: 02 September 2011 at 3:14pm
I'll have 2 GB/month of data, unlimited texting and more minutes than I need once the iPhone 5 comes out for $60 a month. But I do save some by being on a family plan.
------------- BU Engineering 2012
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Posted By: impulse418
Date Posted: 02 September 2011 at 6:27pm
StormyKnight wrote:
impulse418 wrote:
$115 a month? My god.
I'm paying $80, unlimited everything.
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What phone and carrier? How many minutes? Any additional lines? |
Droid, T-mobile. Unlimited. 3 lines total.
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Posted By: tallen702
Date Posted: 02 September 2011 at 7:49pm
Your unlimited isn't unlimited. T-mobile caps their data, check the fine print.
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