AT&T fighting DoJ over Time Warner acquisition
Executives from Sprint and T-Mobile US have been hitting the Hill hard seeking to gain consensus for a proposed merger that, if approved, would reduce the U.S. Tier 1 mobile operator market from four to three players. Speaking at the Code Conference in California last week, AT&T CEO Randall Stephenson, in comments reported by CNBC, said the two companies would have “a tough hill to climb” in terms of regulatory approval.
