John Paczkowski

Recent Posts by John Paczkowski

AT&T Tries to Retool Fading T-Mobile Bid by Boosting Leap

With the FCC apparently ready to let AT&T withdraw its application for approval of its T-Mobile acquisition while it does battle with the Justice Department, the company is hard at work on an eleventh-hour revamp to try to salvage the deal.

The plan, according to the New York Times: Sell off some of T-Mobile’s assets (customers and spectrum) to Leap Wireless International.

Such a move would make Leap Wireless the fourth-largest carrier in the nation, while allowing AT&T to keep only those T-Mobile assets it really needs. But will it win AT&T the regulatory approval it needs to proceed? Seems unlikely. Transforming Leap into the nation’s No. 4 carrier doesn’t do much to preserve competition in a market in which AT&T and Verizon hold a clear duopoly.

But at this point, AT&T is evidently willing to try anything, even risking a $39 billion merger on a deal with a company that does around $700 million in revenue per quarter. And given the circumstances, who wouldn’t be making last-ditch efforts? If the deal fails to garner regulatory approval, AT&T will owe T-Mobile parent Deutsche Telekom $3 billion in cash and $1 billion worth of spectrum.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik