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herb kohl

Verizon COO: AT&T/T-Mobile merger will ‘probably go through’

July 21st, 2011

Speaking during a recent Fortune Brainstorm Tech conference, Verizon’s Chief Operating Officer Lowell McAdam said he expects AT&T’s proposed $39 billion acquisition of T-Mobile USA to be approved by government regulators. “I’d say the merger will probably go through,” McAdam said. “It’s a merger AT&T probably had to do.” While other carriers such as Sprint …

Senate Antitrust Subcommittee chairman asks regulators to block AT&T / T-Mobile merger

July 20th, 2011

Senator Herb Kohl, the chairman of the Senate’s antitrust subcommittee is recommending that federal regulators deny AT&T’s $39 billion planned acquisition of T-Mobile. ”I have concluded that this acquisition, if permitted to proceed, would likely cause substantial harm to competition and consumers, would be contrary to antitrust law and not in the public interest, and …