Verizon COO Says AT&T’s T-Mobile Acquisition Will Likely Go Through
There are all sorts of opinions on whether or not the AT&T-Mobile merger will actually be approved by the government or get shot down. We’ve heard a lot from Sprint’s CEO Dan Hesse but what does Verizon’s Chief Operating Officer Lowell McAdam think about the merger? During a Fortune Brainstorm tech conference McAdam spoke out on the acquisition saying, “the merger will probably go through,” adding, “It’s a merger AT&T probably had to do.” According to Reuters, Adams went on to say that he was surprised AT&T didn’t try to do this sooner and that the merger “just makes sense.”
I don’t know how much sense it makes when the majority of consumers are almost unanimously opposed to the merger. I’m not even a T-Mobile customer and it just seems weird to me that we might have only have one GSM carrier here in the states. Guess we’ll find out soon enough. How do you guys feel about the merger? Anyone here in support of it (that isn’t a lobbyist or has stock in AT&T)? Will this create a duopoly?
[Via Reuters]