AT&T said Thursday that it has filed its public interest statement with the Federal Communications Commission for the T-Mobile acquisition. Sprint reiterated that it was against the deal.
The public interest statement by AT&T covers familiar territory. AT&T argues that the deal will:
- Expand mobile broadband to the U.S. population;
- Ease a wireless spectrum crunch;
- Bolster network performance for consumers.
Sprint in a statement said:
Today's filing only reinforces the significant risks presented by AT&T's proposed acquisition on the U.S. consumer and wireless industry overall. It is indisputable fact that this takeover would create an entrenched duopoly with control of approximately 80 percent of wireless industry revenues. This kind of leverage could strangle competition..."