Verizon backs AT&T in T-Mobile merger

Verizon CEO Lowell McAdam has spoken out in favor of the AT&T/T-Mobile merger, describing the deal as “kind of like gravity” and arguing that, if it blocks it, the US government will need to be more active in its spectrum plans. Speaking at an investor conference this week, McAdam claimed “that match had to occur” MarketWatch reports, and warned that the involved parties “need to be very thoughtful on what the impacts would be to the overall industry if this is a way to regulate the industry without actually passing regulation.”
“I have taken the position that the AT&T merger with T-Mobile was kind of like gravity. It had to occur, because you had a company with a T-Mobile that had the spect... »read more

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