New Verizon CEO expects AT&T purchase of T-Mobile to be approved

July 22, 2011

New Verizon CEO expects AT&T purchase of T-Mobile to be approved 3

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Brand new Verizon CEO, Lowell McAdam, recently spoke about the proposed purchase of T-Mobile by AT&T. In a webcast of the Fortune Brainstorm Tech conference he said, “I'd say the merger will probably go through. It's a merger AT&T probably had to do.” He went on to say that he was surprised that is did not happen sooner.

If McAdam is right, this will be bad news for Sprint, the No. 3 U.S. mobile service carrier. They have the most to lose, and Sprint CEO Dan Hesse has been fighting tooth and nail to stop what will probably be official in March 2012.

[via reuters]

Robert Nazarian Author

Robert lives in upstate New York where he was born and raised. Technology was always his passion. His first computer was a Radio Shack TRS80 Color that used a cassette tape to save programs, and his first laptop was a Toshiba T1200FB that sported a CGA greyscale screen and two 720kb floppy drives (no hardrive). From the early 90’s through late 2011, he only owned Motorola phones starting with the MircroTAC all the way through to the Droid X. He broke that streak when he bought the Galaxy Nexus. Now he's sporting a Galaxy Note 4, and absolutely loves it. He has a wonderful wife and a 6 year old son. In his free time he enjoys sports, movies, TV, working out, and trying to keep up with the rapid fast world of technology.