Global Market Data
Global News Journal
Pakistan: Now or Never?
Front Row Washington
The Great Debate
Personal Finance Video
Life & Culture
Space probe detects planet with double sunset
Olive Garden, Red Lobster slimming kids' menus
Google to launch shopping service in Japan
Hospital celebrates after conjoined twins split
Netflix lowers U.S. subscriber forecast
Meteor sightings dazzle Arizona and California
Chinese kids with bad vision won't buy glasses
MediaFile: Friendship not required on Facebook
Video: Merkel "sold" on ecocars, at auto show
Slideshow: Rise of the machines
UBS $2 billion rogue trade suspect held in London
Scarlett Johansson naked pictures leaked on Web
14 Sep 2011
Nicolas Cage awoken by naked man with Fudgesicle
14 Sep 2011
Nude Scarlett Johansson Photos Pop Up Online -- FBI's Hot on the Trail
14 Sep 2011
UBS rogue trade deals blow to new risk boss
Al Gore in 24-hour broadcast to convert climate skeptics
Number of poor hit record 46 million in 2010
Obama confronts jobs ”crisis” with $447 billion plan
Scarlett's naked pics, Tyler Perry is highest paid
Wed, Sep 14 2011
Buenos Aires Fashion week sizzles
Mon, Aug 22 2011
Crowd lifts burning car, saves motorcycle crash victim
Tue, Sep 13 2011
Fifteen lawmakers ask Obama to OK AT&T merger
Obama sends jobs plan to Congress, eyes tax hikes
Mon, Sep 12 2011
AT&T fights back at U.S. challenge of T-Mobile deal
Fri, Sep 9 2011
UPDATE 3-AT&T fights back at US challenge of T-Mobile deal
Fri, Sep 9 2011
Sprint sues to block AT&T's proposed T-Mobile buy
Tue, Sep 6 2011
D.Telekom could miss fee if AT&T deal fails: source
Mon, Sep 5 2011
Analysis & Opinion
Crock the Vote
To create U.S. jobs, bring in immigrants
A view shows the AT&T store sign in Broomfield, Colorado April 20, 2011.
Credit: Reuters/Rick Wilking
Thu Sep 15, 2011 3:56pm EDT
(Reuters) - Fifteen Democratic lawmakers asked the Obama administration on Thursday to approve AT&T Inc's proposed purchase of T-Mobile USA.
Representative Heath Shuler and 14 other Democrats sent a letter to President Barack Obama arguing that the deal, which would merge two of the four large national cellphone carriers, would reduce joblessness and encourage investment.
"We urge the administration to resolve expeditiously your concerns and approve the proposed merger between AT&T and T-Mobile USA," they said in the letter dated Thursday.
The Justice Department has filed a lawsuit aimed at stopping the deal, saying the acquisition of T-Mobile USA by AT&T would lead to higher wireless prices.
The proposed deal would vault AT&T over Verizon Wireless, a venture of Verizon Communications and Vodafone Group Plc, into the No. 1 spot. T-Mobile USA is now owned by Deutsche Telekom AG.
Sprint is the third largest carrier.
The letter said the proposed deal should be approved since AT&T has pledged to bring back 5,000 jobs that it had moved overseas. The letter also pointed to a study showing that the deal could create 55,000 to 96,000 jobs during the process of integrating the two companies and doing needed upgrades.
The letter also noted AT&T's pledge to extend high-speed Internet wireless coverage to 97 percent of all Americans.
The letter was signed by 15 Democrats: Representatives Heath Shuler, John Barrow, Mike Ross, Dan Boren, Dennis Cardoza, Joe Baca, Leonard Boswell, Ben Chandler. Jim Costa, Henry Cuellar, Mike McIntyre, Mike Michaud, Collin Peterson, Loretta Sanchez and David Scott.
(Reporting by Diane Bartz in Washington; Editing by Phil Berlowitz)
Related Quotes and News
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Be the first to comment on reuters.com.
Add yours using the box above.
Social Stream (What's this?)
Back to top
New York Legal
Support & Contact
Advertise With Us
Connect with Reuters
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
About Thomson Reuters
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.