Sprint is now officially against AT&T’s 39 Billion dollar acquisition of T-Mobile. They put out a press release asking the U.S government to block the deal and prevent AT&T and Verizon from creating a new Ma Bell duopoly.
In the press statement Sprint states that “AT&T and Verizon are already by far the largest wireless providers” and that “If approved, the proposed acquisition would create a combined company that would be almost three times the size of Sprint in terms of wireless revenue…”
This isn’t much of a surprise seeing how, just last Tuesday Sprint’s CEO Dan Heese spoke out against the acquisition during his talk at CTIA. His biggest concern seems to be that if AT&T and T-Mobile are allowed to merge it will hurt innovation by hurting competition, something I can’t disagree with at all.
I honestly hate the idea of losing choices in anything so maybe I’m a bit biased, I’m sure there’s lots of people out there who want the ease of only having one or two choices, right? Nobody wants a bunch of companies creating and releasing new devices and upgraded OS’ all the time, that causes fragmentation (sorry couldn’t help it), and I’m damn sure nobody wants all those annoying new devices that a competitive market creates. Right?
Source: Engadget
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