Hasta La Gadget!

Just last week, the US Department of Justice indicated its desire to dismiss the lawsuit it filed to stop the union of AT&T and T-Mobile because of Ma Bell’s withdrawal of the merger’s FCC application. It looks like that’s given the telco plenty more issues to ponder, so now it’s asking Judge Huvelle to postpone further antitrust court proceedings until January 18. The folks at AT&T need the extra time to “evaluate all options” and “revise our current transaction to achieve the necessary regulatory approvals” for the merger. Because the DoJ has signed off on AT&T’s petition, it seems likely the court will go along with the plan — as opposed to killing the deal via a case dismissal at the hearing currently scheduled later this week. We’ll have to wait and see if the Judge Huvelle grants the request, but if she does, this much is certain: Ma Bell’s lawyers will be doing more work than merrymaking over the holidays.

Update: It looks like Christmas came early for AT&T&T, as the New York Times reports that Judge Huvelle has granted the stay.

Continue reading AT&T asks judge to stay T-Mobile merger court proceedings until January 18th (update: granted)

AT&T asks judge to stay T-Mobile merger court proceedings until January 18th (update: granted) originally appeared on Engadget on Mon, 12 Dec 2011 15:23:00 EDT. Please see our terms for use of feeds.

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Amazon may have faced stiff opposition to its plans to acquire British online bookseller The Book Depository, but one of those not standing in its path is the Office of Fair Trading. Over protests from the UK Booksellers Association, Publishers Association and Independent Publishers Guild, the OFT approved the purchase, saying that the acquisition would not form a de facto monopoly. While Amazon’s market share is “strong” its newest purchase only holds between two- and four-percent — hardly making it a competitor of the internet giant. The Book Depository will continue to operate as an independent entity for the foreseeable future, but our friends across the pond now have one less option if they choose not to do business with Bezos.

Continue reading Office of Fair Trading gives thumbs up to Amazon’s purchase of The Book Depository

Office of Fair Trading gives thumbs up to Amazon’s purchase of The Book Depository originally appeared on Engadget on Thu, 27 Oct 2011 14:55:00 EDT. Please see our terms for use of feeds.

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Well, look at Ma Bell now, wishing it’d all just go away. Tied up in lawsuits, the company has filed motions to dismiss the two complaints brought by Sprint and C Spire Wireless (formerly Cellular South), which seek to block AT&T’s acquisition of T-Mobile. In the filings, it’s argued that the two providers represent their own interests, rather than that of the public. AT&T further reveals that C Spire had pursued private negotiations prior to the lawsuit, where the regional provider agreed to support the merger “if AT&T would agree not to engage in facilities-based competition in Mississippi.” Ma Bell goes on to state, “This inappropriate proposal confirms that what Cellular South fears is competition, not lack of competition.” Given the latest maneuver (which smacks heavily of PR spin), there’s no doubt that lawyers for Sprint and C Spire will have a bit of homework for the weekend.

AT&T asks court to dismiss lawsuits filed by Sprint and C Spire Wireless originally appeared on Engadget on Fri, 30 Sep 2011 20:22:00 EDT. Please see our terms for use of feeds.

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T-Mobile customers would be able to keep rate plans on AT&T after contract expires originally appeared on Engadget on Tue, 20 Sep 2011 14:44:00 EDT. Please see our terms for use of feeds.

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It’s far too early to be writing it off, of course, but AT&T’s proposed acquisition of T-Mobile is facing some fairly significant hurdles that could throw a big wrench in the companies’ plans — not the least of which is a lawsuit from the US Department of Justice. Now, according to Blooomberg, AT&T is proactively talking to a number of smaller rivals about selling some of its assets (namely, “spectrum and subscribers”) in an effort to save the deal. While talks are described as “preliminary,” AT&T has reportedly already reached out to MetroPCS, Leap Wireless, Dish Network, CenturyLink and even Sprint, although Bloomberg notes that any such sell-off may still not be enough to please the DOJ. As you might expect, all of those companies are remaining mum on the matter.

AT&T reportedly talking to rivals about asset sales in effort to save T-Mobile deal originally appeared on Engadget on Mon, 19 Sep 2011 14:41:00 EDT. Please see our terms for use of feeds.

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