Friday, May 04, 2012
One doesn't know whether to admire the persistence of a CEO or to tell him "Enough already." But, the CEO of AT&T is still waging a PR war over the failed merger with T-Mobile. It is dead and gone and the outcomes will happen whether or not he ever mentions the merger again. Maybe he is positioning the company to try again in a few years. If so, it is early to start such a campaign after the bruising of the last one. Or, he could be indulging in "Told you so," which is more likely. The FCC and the Department of Justice aren't going to change their minds quickly, if ever on the issue of monopoly. If T-Mobile should go out of business and free its spectrum for others to buy, that might be acceptable. Otherwise, AT&T and Verizon will make do with the spectrum they have -- and raise prices, if they can get away with it.