High Profile Support for AT&T T-Mobile Merger
The New York Times reports that large industry players and companies like Microsoft, Research In Motion (makers of Blackberry), Qualcomm, Facebook, Yahoo, Oracle, and 10 major Venture Capital firms are backing the merger between AT&T and T-Mobile.
GeekWire also posted a copy of their letter in support. It is notable that this group has traditionally been distrustful or opposed to AT&T in Tech Policy especially with the recent Net Neutrality issue, but they reached the conclusion that the positives of the wireless merger outweigh the negatives.
The group considered but ultimately rejected Sprint’s arguments that the merger would reduce competition and hurt innovation because they fear the spectrum crunch destroying the quality of experience for applications and devices. Sprint’s arguments might also have been more persuasive if they weren’t, despite investor protest, hoarding spectrum to depress Clearwire stock to facilitate their takeover. T-Mobile has valuable spectrum and other infrastructure that will help AT&T “expand its nascent 4G network to cover 97 percent of the country and an additional 55 million Americans.” This is much more important to the mobile hardware and application ecosystem than what little marginal level of competition a struggling T-Mobile can provide even if T-Mobile survives independently.
[Cross-posted at High-Tech Forum]
Since you’re here …
… We’d like to tell you about our mission and how you can help us fulfill it. SiliconANGLE Media Inc.’s business model is based on the intrinsic value of the content, not advertising. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.
If you like the reporting, video interviews and other ad-free content here, please take a moment to check out a sample of the video content supported by our sponsors, tweet your support, and keep coming back to SiliconANGLE.