Verizon Supports the Pending AT&T/T-Mobile Takeover

Illustration for article titled Verizon Supports the Pending ATT/T-Mobile Takeover

There are many companies and individuals opposed to AT&T's proposed takeover of T-Mobile, but Verizon isn't among them. CEO Lowell McAdam voiced support for AT&T, saying mergers like this should be allowed if they government can't provide the spectrum telcos need.

Advertisement

Here's the direct quote McAdam delivered at an investors conference, (and reported by BGR):

"It had to occur, because you had a company with a T-Mobile that had the spectrum but didn't have the capital to build it out. AT&T needed the spectrum, they didn't have it in order to take care of their customers, and so that match had to occur."

Advertisement

Sounds like someone wants to keep alive the possibility of swallowing up the smaller Sprint should the occasion prove itself necessary. [BGR]

Share This Story

Get our newsletter

DISCUSSION

Alright, I get it; nobody likes the idea of this.

Let me pose another couple of questions.

1) How many of you are on Att or Verizon?

2) If you see them as such a threat why not put your money where your mouth is and switch to tmobile or sprint?