Sprint Asks FCC To Nix AT&T's $39B T-Mobile Offer

Law360, New York (May 31, 2011, 4:28 PM EDT) -- Turning up the heat Tuesday on federal regulators tasked with reviewing AT&T Inc.'s proposed $39 billion acquisition of T-Mobile USA Inc., Sprint Nextel Corp. formally urged the Federal Communications Commission to reject the deal.

In a sharply worded petition filed with the FCC, Sprint argued that the proposed transaction would harm the broadband economy, curb innovation and reduce investment in telecommunications, while doing nothing to relieve AT&T's claimed spectrum congestion.

Sprint, which would end up as a distant third in the wireless market if the deal...
To view the full article, register now.