AT&T has not forgotten how Sprint played a role in derailing its planned acquisition of T-Mobile as the carrier is now calling attention to Sprint’s proposed acquisition by Japanese firm Softbank.
In a statement released on Wednesday, AT&T called attention to pending deals for Sprint, particularly its intended majority stake acquisition in Clearwire and the company’s acquisition by Softbank.
“Softbank’s acquisition of Sprint and the control it gains over Clearwire will give one of Japan’s largest wireless companies control of significantly more U.S. wireless spectrum than any other company,” AT&T Vice President Brad Burns is quoted by The Hill as saying.
“We expect that fact and others will be fully explored in the regulatory review process. This is one more example of a very dynamic and competitive U.S. wireless marketplace, which is an important fact for U.S. regulators to recognize,” the executive added.
Sprint will become New Sprint next year as Softbank is expected to close a $20.1-billion deal for the company by mid-2013.
Sprint has also revealed plans to acquire a majority share of Clearwire using the money it will get from Softbank.
Sprint was one of the companies which lobbied for regulators not to approve of the planned and failed AT&T and T-Mobile merger, a move which cost AT&T an estimated $2.6-billion loss (part of a $6.68-billion loss) for the fourth quarter of last year.
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