AT&T T-Mobile Court Date Set by Judge

September 22, 2011, By Sanjeev Ramachandran

The proposed AT&T and T-Mobile merger had caused quite a stir in the judicial department and for those of you who were pinning their hopes on that, U.S. District Judge Ellen Huvelle has set the date for the non-jury trial as February 13th, 2012. This date lies in the middle of AT&T’s requested date of January 16th and the Government’s trial date of March 19th.

AT&T’s purchase of T-Mobile for a sum of $39 billion was blocked by the Justice Department and the department had sued the purchase for concerns of it affecting prices for consumers as well as interfering with competition and innovation. The number three wireless carrier, Sprint, had sued separately to block the AT&T/T-Mobile deal, but Justice Huvelle had refused to consolidate the case.

If there occurs a loss on AT&T’s part, it would affect the company very badly and they might end up losing around $6 billion dollars if the merger doesn’t get through. The merger would reduce competition in the US markets, but AT&T would be granted with a larger number of accessible towers by a consolidated network and hence can expand their available bandwidth for use with their 4G network.

The Judge has set October 24th as the next hearing date for arguments over AT&T’s planned motion to dismiss the case. There are expectations of legal scuffle getting resolved quickly instead of waiting for the weeks to unfold.

 

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