Deals
AT&T Tells FCC T-Mobile Deal Will Add Capacity, Improve Service
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AT&T Inc. said that its proposed $39 billion acquisition of T-Mobile USA Inc. would lower prices and increase service in large metropolitan markets, according to a regulatory filing touting the public benefits of the deal.
The transaction proposed March 20 “will relieve significant capacity restraints faced by both companies and lead to improved service quality,” according to a letter submitted yesterday by AT&T to the Federal Communications Commission. The letter accompanied an analysis of the deal’s potential impact on 15 U.S. markets, including New York, Los Angeles and Washington.