AT&T: T-Mobile acquisition on schedule for March 2012 approval

Speaking to reporters recently, AT&T’s General Counsel Wayne Watts said that AT&T’s planned $39 billion acquisition of T-Mobile is still on schedule for approval in March of next year. “The number one question I get from investors is can we get [the deal] done,” Watt explained.  “I think we can.” Sprint, one of the deal’s most outspoken opponents, has argued that AT&T does not need to purchase T-Mobile in order to increase its network capacity, and that the deal would “stifle innovation” in the U.S. wireless market. T-Mobile’s senior vice president of government affairs, Tom Sugure, responded to Sprint and other opponents on Tuesday, noting that each has “failed to offer any credible arguments to support their view that the Commission should deny the transaction.”

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