There are many reasons and obstacles which have caused the OG iPhone carrier to do this. First, is the bitter Sprint, which was actually in talks with the German owned carrier T-Mobile. If Sprint was able to make a deal they would have been in the same arena with Verizon and AT&T, which both have about 100 million customers, give or take. But, out of no where AT&T swooped T-Mobile from its feet and were ready for a wedding date. Of course, this infuriated Sprint, making it one of the biggest advocates against the merger. This, along with the DOJ, which were opposed to the merger made a great stand against this enormous deal, which many were calling a duopoly.
It is good that the deal is off because the market won't become so crowded and overpriced. We can already see what the big players are doing with data caps. First it was AT&T who started capping data at 2GB, which can easily be surpassed with Netflix and YouTube streaming. But, if you are a light data user, this doesn't hurt. Verizon followed suit about ten months later. Everyone fears that Sprint will do the same, but things like this merger would have made the situation worse. Two major companies would have had control of prices and that would have not been good on us, the consumer.
So, Sprint is now a happy camper, T-Mobile is $4 billion richer (because of the deal they had if the merger didn't go through), and AT&T is now a little bit less wealthier. I am glad it fell through because this would have shaken the market up too much!
What do you think? Should have AT&T been able to buy T-Mobile or was their decision to drop out a good one? Sound off in the comments below! Don't forget to follow me on the right ===> by clicking "Follow this Site". You can also like this on Facebook, Google+, or Tweet to your friends!
Source: Engadget
