When the AT&T and T-Mobile USA merger was announced back in March 2011, the reaction was different between two rivals: Dan Hesse, CEO of Sprint, declared it would be bad for competition, while the CEO of Verizon Wireless, Lowell McAdams, said it was inevitable.
McAdams went so far as to say, at an analyst meeting in September, that it would happen just like a particular force of nature always occurs. He spoke of it in the past tense, according to Boy Genius Report, as if it had already occurred:
“I have taken the position that the AT&T merger with T-Mobile was kind of like gravity. It had to occur."
Apparently the rules of gravity no longer apply, as AT&T last week withdrew its application to the FCC to merge with T-Mobile USA.
Is it a dead matter? Not yet. See this StreamingMedia.com article on the nature of the issues facing AT&T.
McAdams went so far as to say, at an analyst meeting in September, that it would happen just like a particular force of nature always occurs. He spoke of it in the past tense, according to Boy Genius Report, as if it had already occurred:
“I have taken the position that the AT&T merger with T-Mobile was kind of like gravity. It had to occur."
Apparently the rules of gravity no longer apply, as AT&T last week withdrew its application to the FCC to merge with T-Mobile USA.
Is it a dead matter? Not yet. See this StreamingMedia.com article on the nature of the issues facing AT&T.
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