AT&T, T-Mobile Merger Could Strangle Upstate NY: AG

Law360, New York (April 8, 2011, 12:44 PM EDT) -- New York Attorney General Eric T. Schneiderman said Thursday that his probe of AT&T Inc.’s planned $39 billion acquisition of T-Mobile USA Inc. suggested a much harsher impact on less-competitive upstate cities.

Albany, Buffalo, Rochester and Syracuse have fewer wireless options than New York City, so a merger would give the new wireless giant a larger market share — and more leverage over prices.

AT&T announced in late March that it would pay a total of $39 billion to snap up T-Mobile, and several rival companies...
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