Sprint Receives 9 Subpoenas Over Opposition To AT&T’s T-Mobile Bid
Sprint has been anything but quiet when it comes to the possible AT&T/T-Mobile merger. Well, according to Reuters, Sprint has received subpoenas from Arizona, Florida, Hawaii, Illinois, Minnesota, New York, Pennsylvania, Texas and Washington, as well as from the Antitrust Division of the U.S. Department of Justice in regards to its opposition to the merger. Sprint said in its letter that the states have asked the company to provide all the materials it had submitted to FCC regarding AT&T’s deal.
Currently the #3 wireless carrier in the U.S., Sprint is working with 18 state regulators to block AT&T’s proposed $39 billion purchase of T-Mobile USA. Sprint feels that the merger will give too much competitive power to one company seeing how the acquisition would bump AT&T up to #1.
An AT&T spokesperson told Bloomberg that AT&T had also received subpoenas from the same nine states regarding its proposed T-Mobile acquisition. AT&T has also gone on the record saying they are confident of winning regulatory approval for the merger and is currently on schedule for a March approval next year.
[Via Reuters]