Some bad news has come out of AT&T�s Randall Stephenson. He shed some light on negative effects of the merger � something I bet they haven�t been trying to talk about � and admits that AT&T will have to drop a few pounds in the process should the FCC grant them T-Mobile�s hand in this very unorthodox marriage. (Yes, I know that joke. No, I won�t tell it� at least not here.)
He told the Wall Street Journal that AT&T would have to divest some markets in order to bring all of those T-Mobile customers over meaning a few of you might have to join up with Verizon or Sprint once it�s all said and done. Randall couldn�t state which markets would be affected which is understandable as the deal hasn�t even been approved yet.
They also regret to inform everyone that some employees will have to be let go as the two entities merge. It�s a common nasty side-effect of mergers in any industry but it never does sit right with us whenever we hear some folks will be out of a job in this troubled economy.
Stephenson did attempt to make this episode more cheery, though, as he states that the merger would make AT&T�s network more reliable and customers may even experience price drops on voice and data plans because of it. We�ll hold our breath on that claim until AT&T actually goes to integrate all of those new customers and contracts, though.
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