. . TELECOMMUNICATIONS : BUSINESS: ACQUISITIONS MERGERS : UNITED STATES: GOVERNMENT : LAW: CASES : LAW: ANTITRUST LAW: Sprint Sues to Stop AT&T, T-Mobile Deal . . Sprint Sues to Stop AT&T, T-Mobile DealAT&T's bid for T-Mobile will harm consumers and corporate customers through higher prices and diminished innovation, Sprint said.
By Thomas Claburn Information Week September 06, 2011 05:49 PM http://www.informationweek.com/news/mobility/business/231600856 . .Drafting on the waves made last week by the Department of Justice's antitrust lawsuit to block AT&T's proposed $39 billion acquisition of T-Mobile, Sprint Nextel on Tuesday filed its own legal complaint to halt the deal.
.Deputy attorney general James M. Cole objected to AT&T's proposal on the grounds that it would limit competition in the the telecommunications industry and harm consumers. Sprint is making a similar argument.
."Sprint opposes AT&T's proposed takeover of T-Mobile," Susan Z. Haller, VP of litigation at Sprint, said in a statement. "With today's legal action, we are continuing that advocacy on behalf of consumers and competition, and expect to contribute our expertise and resources in proving that the proposed transaction is illegal."
. The mobile workforce is one of the fastest growing threats to security. Discover 7 tips to combat this threat. .In the complaint filed in Washington, D.C., Sprint charges that the acquisition of AT&T would remove "a low price and innovative maverick competitor," that Verizon would be more likely to cooperate with AT&T than compete with it, and that Sprint would be further marginalized, more limited in its ability to obtain desirable handsets like the iPhone, and more dependent on AT&T and Verizon for network backhaul and roaming.
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