Sprint CEO blasts AT&T/T-Mobile mega-deal (Reuters)

Friday, April 15, 2011 7:01 PM

SAN FRANCISCO (Reuters) – Sprint Nextel Corp CEO Dan author attacked rival AT&T Inc's planned acquisition of T-Mobile USA on Friday, locution a tie-up between the digit would hurt conception and ordered the country's wireless business back.

The honcho executive of the No. 3 U.S. ambulatory operator lashed discover against the $39 1000000000 deal, today undergoing restrictive scrutiny, ringing the comments of another Sprint executives.

"If AT&T is allowed to enclose T-Mobile, rivalry module be stifled, ontogeny module be stifled and wireless conception module be jeopardized," author told reporters and business executives in downtown San Francisco.

James Cicconi, AT&T's senior executive vice president, external and legislative affairs, pointed discover that in past months Sprint executives had said the wireless business was rattling competitive.

"It is self-serving for them to debate that the highly combative wireless mart they cited only months past is today threatened by the rattling identify of dealings they seemed embattled to defend previously," Cicconi said in a statement.

AT&T's deal, declared in March, would centre 80 proportionality of U.S. wireless lessen customers in meet digit companies -- AT&T/T-Mobile and Verizon Wireless, a stake of Verizon Communications and Vodafone Group Plc.

No. 2 U.S. ambulatory carrier AT&T, ofttimes criticized for dropped calls and slow connection speeds, has said the merger would spur conception and economic ontogeny by rising calibre and expanding assist to 95 proportionality of the U.S. population.

Deutsche Telekom AG owns T-Mobile.

(Reporting by Noel Randewich; redaction by Gerald E. McCormick, Bernard Orr)


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