Research Paper Provides Real Story Behind AT$T/T-Mobile MergerThe Communications Workers of America today released a research paper documenting in detail how a merger between AT&T and T-Mobile will better serve consumers, workers and communities than the only other alternative: A Sprint/T-Mobile merger.
Sprint or AT&T, The Real Story Behind the Proposed AT&T/T-Mobile Merger reveals how T-Mobiles owner, Deutsche Telekom (DT), had determined to stop investing in T-Mobile and the only two serious contenders for merger were AT&T and Sprint. AT&T is by far the best match according the detailed analysis.
There are four facts that are brought to light here, said CWA Senior Director George Kohl. First, DT was seeking a buyer. Second, AT&T or Sprint were the two leading suitors. Third, merging with Sprint would be technologically and financially burdensome and finally, AT&T is the best option for consumers and workers.
The fact that Sprint carries a BB - or junk credit rating and a merger would have added billions in debt to the highly leveraged company are discussed