News by Dan Seifert on Wednesday July 20, 2011.
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T-Mobile has issued a public statement in response to the letter from head of the antitrust committee in the U.S. Senate, Senator Herb Kohl, to the Federal Communication Commission imploring it to deny the proposed buyout of T-Mobile USA by AT&T. T-Mobile says that it is disappointed with Senator Kohl's position, and it disagrees with his analysis.
Despite the letter from Senator Kohl, T-Mobile says that the buyout would benefit the American public, and is confident that the reviewers at the FCC will find it in compliance with anti-trust laws and good for the industry.
The entire statement is as follows:
"We are disappointed to learn of the position taken by Sen. Kohl on the proposed merger between AT&T and T-Mobile USA. While we have a great deal of respect for Sen. Kohl, we strongly disagree with his analysis of this transaction, which will bring significant benefits to American consumers. The proposed merger is currently being carefully scrutinized by the Department of Justice and the FCC, and we are confident that the review process will demonstrate that the merger is fully consistent with the antitrust laws and significantly advances the public interest."
Dan is MobileBurn.com's Editor-in-Chief. Based in Poughkeepsie in New York, Dan can be found on Twitter as @DCSeifert.