1.2 million dumped docs can’t hide that the expensive deal looks like an attempt to stifle competition
AT&T, Inc.’s management have found themselves playing the role of televangelists in recent months, trying to sell the credulous public — and the government — on why a merger with Deutsche Telekom AG’s T-Mobile USA will be a great thing.
You could say they have a tough sell. After all, just about three decades ago the government broke up American Telephone and Telegraph, eliminating its monopoly grip on the market. Now after a series of acquisitions, AT&T is poised to become, once more, the dominate player on the market and pare customers’ choice down to three major offerings — AT&T, Verizon Wireless, and Sprint Nextel Corp.