The U.S. Department of Justice filed a compliant Wednesday morning in a federal court in Washington D.C. asking for a court order to prevent a blockbuster merger between AT&T and T-Mobile, according to the New York Times.
The merger, worth $39 billion, would combine AT&T, the largest wireless carrier in the country, with the fouth-largest, T-Mobile.
“We feel the combination of AT&T and T-Mobile would result in tens of millions of consumers across the U.S. facing higher prices, fewer choices, and lower quality products for wireless services,” said U.S. Deputy Attorney General, James Cole, Wednesday morning in a press conference.
Deutsche Telekom, a German telecommunications company that owns T-Mobile USA, accepted the multi-billion dollar stock and cash offer from AT&T on March 20 of this year.
The merger would create the largest mobile carrer in the U.S. with nearly 130 million customers.
The Minnesota Daily recently sat down with Tim Adams, the newly appointed Vice President General Manager for the Minnesota/Wisconsin region.
On July 13, T-Mobile increased its theortical peak download speed of its 4G network in the Twin Cities area, according to Adams.
“Now, our 4G customers in Minneapolis and St. Paul can expect to see the difference of doubled speeds when web browsing, downloading, social networking, gaming and more,” said Adams.