T-mobile, Wireless | featured news

Atty. Gen. Kamala Harris and six other state attorneys general join the Justice Department's antitrust suit, say the deal would result in less competition in the wireless market.

Looking at AT&T and its planned acquisition, it’s fair to suggest that it could not attract the financing necessary to complete the purchase if its plan was to raise prices. Not only would such a move be unrealistic given the existence of Verizon and other smaller competitors, it would also be self-defeating for high prices signaling to those outside the mobile-phone space a potentially profitable competitive opportunity.

Sprint CEO Dan Hesse, speaking at the CTIA trade show, said he's concerned AT&T's plan to take over rival T-Mobile USA would stifle innovation and hurt consumers. The chief of Verizon Wireless said he isn't interested in buying Sprint.

AT&T announced on Sunday that it agreed to buy T-Mobile USA from Deutsche Telekom, in a $39 billion deal that will reshape the cellular telephone industry. The merger — one of the largest since the onset of the financial crisis — would combine the second and fourth largest cellular carriers in the nation, bringing together AT&T’s 95.5 million wireless subscribers with T-Mobile’s 33.7 million customers.

Verizon Wireless, AT&T and T-Mobile formed a joint venture to allow their customers to pay for goods and services with their cellphones. Google's CEO said the next version of Android would allow phones to work as digital wallets.

T-Mobile and Sprint are at odds over what counts as 4G. And the one organization that sets an official definition says none of them deliver speeds that qualify.

T-Mobile officially announced its G2 smartphone Thursday, the first phone designed for its high-speed HSPA+ network and possibly the Googliest phone ever.