AT&T files statement with FCC in support of T-Mobile acquisition

By on June 11, 2011 at 4:53 PM.

AT&T files statement with FCC in support of T-Mobile acquisition

On Friday, AT&T announced that it has officially filed a public statement with the Federal Communications Commission in support of its planned $39 billion acquisition of T-Mobile USA from Deutsche Telekom. AT&T argues five main pillars in its statement:

  • The transaction will generate jobs and economic growth.
  • The transaction will preserve and promote competition and innovation.
  • The wireless market will remain vibrantly competitive.
  • The network capacity of the combined company will far exceed the sum generated by its pre-merger parts.
  • Numerous competitors will have ample spectrum to maintain the vibrantly competitive U.S. wireless market.

In a clear response to claims from Sprint’s CEO Dan Hesse that the acquisition would “stifle innovation,” AT&T also argued “nothing about the combination of AT&T and T-Mobile USA could possibly keep Sprint or any other provider from acting on the same incentives it has today to keep innovating in this unusually dynamic ecosystem.” Hit the jump for AT&T’s full release. More →

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California public utilities commission investigating AT&T’s T-Mobile acquisition

By on May 28, 2011 at 9:00 AM.

California public utilities commission investigating AT&T’s T-Mobile acquisition

The Public Utilities Commission in California will investigate AT&T’s planned acquisition of T-Mobile, The Wall Street Journal reported on Friday. The Golden state is one of three states that Sprint has asked to investigate the deal — the other two are West Virginia and Louisiana. “We believe a thorough investigation will reveal the negative implications for pricing, choice, and innovation critical to California’s economy,” Sprint’s public affairs manager, John Taylor, said. “Sprint is pleased that the commission will open up a proceeding to investigate the proposed takeover of T-Mobile by AT&T.” AT&T originally filed its informal notice with California’s Public Utilities Commission on May 3rd, and Sprint protested the filing on May 19th when it asked for a review of the merger. The regulators will consider three options, one of which is a choice to notify AT&T that its purchase is not “pre-approved” after the standard 30-day time period after an application is submitted. Sprint has opposed the acquisition from day one, and its CEO Dan Hesse said the deal would “stifle innovation” in the U.S. wireless market. More →

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Sprint and Motorola holding press event on June 9th

By on May 25, 2011 at 12:35 PM.

Sprint and Motorola holding press event on June 9th

We’ve just received an invite for a joint press event being held by Sprint and Motorola Mobility on June 9th. Sprint’s CEO, Dan Hesse, will speak during the press conference, as will Motorola Mobility’s CEO Sanjay Jha. We assume we’ll hear about new product launches from the two, as the invite confirms there will be “hands-on demonstrations of Sprint and Motorola’s latest collaborations.” We’ll be reporting live from the event.

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AT&T to pay T-Mobile $6 billion if feds reject acquisition

By on May 12, 2011 at 3:47 PM.

AT&T to pay T-Mobile $6 billion if feds reject acquisition

AT&T will pay T-Mobile $3 billion in cash, a $1 billion roaming agreement, and $2 billion in spectrum if the Federal Communications Commission and the Department of Justice reject AT&T’s proposed $39 billion acquisition of T-Mobile. The agreement’s 15% breakup fee would shatter global records, Reuters said, noting that the 7.7% breakup cash agreement is already high. On Wednesday, AT&T’s CEO Randall Stephenson met with the Senate Judiciary Committee to discuss the acquisition. AT&T’s CEO Randall Stephenson has argued that there’s already plenty of competition in the U.S. wireless market and that the deal will actually create jobs. Similarly, the Communications Workers of America backs the deal and believes it will be a “victory for broadband proponents. AT&T’s competition isn’t so sure. Sprint’s CEO, Dan Hesse said the deal would “stifle innovation” and the carrier believes it would create a “vertically integrated duopoly.” Verizon has kept to itself, but did note that, if confirmed, the deal could be “an excuse for the government to insert itself into the marketplace.” More →

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AT&T to defend T-Mobile acquisiton in D.C. this week

By on May 9, 2011 at 5:32 PM.

AT&T to defend T-Mobile acquisiton in D.C. this week

The Senate Judiciary Committee will meet on Wednesday to discuss AT&T’s proposed $39 billion acquisition of T-Mobile USA from Deutsche Telekom — and AT&T’s competitors won’t be sitting quietly. According to The Wall Street Journal, Sprint’s CEO Dan Hesse, Viktor Meena of Cellular South, and Larry Cohen, president of the Communications Workers of America (CWA), will all be in attendance. Competitors are expected to grill AT&T’s Randall Stephenson on the deal that Hesse has said will “stifle innovation” and competition in the U.S. wireless market. While there are rumblings that AT&T has more money for lobbying than Sprint and other competitors, the nation’s largest wireless carrier, Verizon, will not be in attendance. “We are concerned this is an excuse for the government to insert itself into the marketplace,” Thomas Tauke, Verizon’s executive vice president of public affairs, policy, and communication, told The Wall Street Journal. Verizon’s concerned that AT&T could bow to government pressure on net neutrality regulation in an effort to get the acquisition passed. Sprint thinks the deal is bad for other reasons, and one spokesperson said the carrier will “explain [that it thinks] this takeover of T-Mobile is bad for consumers, bad for innovation and bad for the economy,” and added that Sprint sees the deal as a “job killer” that will create a “vertically integrated duopoly.” Meanwhile Stephenson has argued that the deal — over time — will actually be a “net job grower,” and that there’s already plenty of competition in the U.S. wireless market. Similarly, Cohen of the CWA, has called the deal a “victory for broadband proponents.”  Earlier this month the Department of Justice assured the public that it will perform an “in-depth” investigation of the deal.

More →

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Live from Sprint’s CTIA press event!

By on March 22, 2011 at 1:05 PM.

Live from Sprint’s CTIA press event!

Here we are again, at another CTIA Wireless conference and Sprint press event. The nation’s third largest wireless carrier set the industry on fire last year with the announcement of the HTC EVO 4G, and they are expected to introduce big things this year as well. Dan Hesse and company are backstage putting the final touches on their presentations right now — we’re getting our nimble fingers ready to bring you the news as it happens. Hit the jump to follow our live coverage and don’t forget to refresh the page for all the latest updates! More →

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Sprint CEO Dan Hesse says AT&T, T-Mobile deal will ‘stifle innovation’

By on March 22, 2011 at 12:46 PM.

Sprint CEO Dan Hesse says AT&T, T-Mobile deal will ‘stifle innovation’

Sprint CEO Dan Hesse on Tuesday shared strong opinions surrounding AT&T’s recent announcement that it plans to acquire T-Mobile USA from Europe’s Deutsche Telekom. Speaking on Tuesday morning at the CTIA Wireless 2011 convention, Hesse said AT&T’s plans to acquire T-Mobile will hurt customers. He also said that if approved by regulators, the deal would leave two big players — AT&T and Verizon Wireless — in control of 79% of the U.S. wireless market. “I do have concerns that it would stifle innovation and too much power would be in the hands of two,” Hesse said during a roundtable discussion. His comments were met with applause from the audience. Hesse added that Sprint will appeal to Congress in an effort to halt the merger. AT&T Mobility boss Ralph de la Vega defended the deal on Tuesday, saying it would address the spectrum shortage the U.S. is currently facing, and would bring mobile broadband service to more people. Verizon Wireless CEO Daniel Mead, who was in attendance at the roundtable discussion, seemed less concerned with the potential merger. “We’re observing what’s going on,” Mead noted. “We’re not going to get distracted by this.” More →

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Live from CTIA Wireless’ day 1 keynote!

By on March 22, 2011 at 8:45 AM.

Live from CTIA Wireless’ day 1 keynote!

Greetings from CTIA Wireless 2011! The conference is about to officially kickoff, and what better way to start an event than with a keynote. While we’re not expecting to hear any product announcements at this particular keynote, the group on stage will definitely have plenty to talk about. Verizon Wireless CEO, Dan Meade; Sprint CEO, Dan Hesse; AT&T CEO, Ralph de la Vega; and T-Mobile USA CEO, Philipp Humm will be sitting down for a “carrier roundtable” hosted by CNBC’s Jim Cramer. We’re hoping to hear some dialogue on the proposed merger between AT&T and T-Mobile from the wireless executives. The event kicks off at 9:00 a.m. ET, hit the jump to follow along! More →

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Live from Sprint’s Kyocera Echo event

By on February 7, 2011 at 5:55 PM.

Live from Sprint’s Kyocera Echo event

Some of the mystery and allure surrounding Sprint’s event this evening has likely been squashed. First, it was revealed that the device set to be unveiled today is the Android-powered Kyocera Echo. Then The Wall Street Journal spoiled Sprint’s surprise even further when it reported that the Echo will feature a unique dual-display form factor. Sprint appears to have quite the show in store for us tonight, however, including a presentation from CEO Dan Hesse and an appearance by none other than illusionist David Blaine. And who knows — we could definitely be in store for a surprise or two. BGR is on-hand at the event, and we’ll be live blogging all of the action right here. So hit the break and don’t forget to refresh the page for all the latest updates as they become available. More →

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WSJ: Sprint’s Kyocera Echo will be a dual-screen Android phone

By on February 7, 2011 at 1:00 PM.

WSJ: Sprint’s Kyocera Echo will be a dual-screen Android phone

Sprint will unveil the industry’s first dual-display Android phone at a press event in New York City on Monday, The Wall Street Journal reports. Reports from earlier this morning stated that Sprint plans to reveal the Kyocera Echo at tonight’s press conference, but details about the device were unavailable at that time. The Journal is now chiming in with preliminary details, however, claiming that the device will be a dual-display Android phone. The Echo will supposedly feature two 3.5-inch touchscreen displays that can be placed side by side. Content can even be dragged from one display to the other, the report claims. The device will apparently also feature unique hinge mechanism that will allow one display to be folded beneath the other, creating a more standard look and feel when the phone is closed. BGR will be reporting live from tonight’s event beginning shortly before 6:00PM EST. More →

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Sprint to announce new Kyocera phone at press event, report claims

By on February 7, 2011 at 8:46 AM.

Sprint to announce new Kyocera phone at press event, report claims

Sprint’s press event tonight will yield a new Kyocera smartphone dubbed “Echo,” according to a report from Bloomberg Businessweek. Further information is not available for the time being and the moniker Echo doesn’t seem to be a great fit for theme of magic and illusion suggested by the invitation seen above, but Businessweek seems thoroughly confident in its source. Sprint announced last month that it would hold a special press event tonight. With Dan Hesse on hand alongside special guest David Blaine, a “master illusionist and world record holder,” Sprint promises to announce “yet another industry first.” Kyocera is most certainly not the first handset partner that comes to mind when carriers hold events like these, and we’re all the more intrigued as a result. BGR will be on hand at the event tonight and we’ll be live blogging all the action from start to finish. More →

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Sprint to announce ‘another industry first’ on February 7th

By on January 12, 2011 at 1:09 PM.

Sprint to announce ‘another industry first’ on February 7th

Sprint just sent out invitations to a press event that will be held early next month in New York City. It is unclear what will be announced at the event, which will take place on February 7th — just one week ahead of the annual Mobile World Congress convention in Barcelona. Sprint’s invitation states that CEO Dan Hesse will be on hand to introduce what Sprint is calling “yet another industry first.” Adding to the mystery is the fact that illusionist David Blaine will be there to “show you that the impossible is possible.” Ok Sprint, we’re intrigued.

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Sprint CEO Dan Hesse: Thank you iPad

By on October 31, 2010 at 8:47 AM.

Sprint CEO Dan Hesse: Thank you iPad

Sprint may not stock the iPhone or the iPad, but that hasn’t stopped them from reaping the benefits (or even making a case) of the iPad’s success. In an interview with GigaOm, Dan Hesse,CEO of Sprint pointed out that the fastest selling iPad’s were the WiFi variants, which bodes well for Sprint. Sprint’s Overdrive 3G/4G mobile wireless hotspot, has been selling well, allowing iPad owners to blitz the net at 4G speeds. “The company has seen an uptick in demand for its Overdrive (3G/4G) MiFi wireless hotspot device, as people use it to connect their iPads to the Internet when on the go.” Although Dan stopped short of giving us some actual numbers, we’ll give him the benefit of the doubt. Sprint has been rolling out their 4G network gradually across the major cities in the U.S., and from the looks of it, their Overdrive sales aren’t going to pipe down any time soon.

[Via Engadget] More →

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