There's a "happy medium" alternative (I use it myself). There are several non-contract /prepaid vendors that use Verizon's network! Once your current contract expires, you can even move your existing phone over with no problems, and (depending on your usage) cut your costs in half or more. I dropped a 2-phone family plan and cut MY costs 75% (my wife is a low-minutes caller; a $10 PP card lasts her for 4 months (expiration) and she doesn't even use all her minutes! Also, no taxes or junk fees!
T-Mobile has a significant presence in US and it operates as a subsidiary of its European parent. The deal was only to merge with the US subsidiary if I am not wrong, which would do nothing for AT&T globally.
I have used Verizon due to the best coverage in the areas that I need phone access to, maybe I should look at T Mobile (and others) again? I have not ever enjoyed the prospect of another phone contract and the "new prices". I am almost at the point of wanting to give up a mobile phone altogether (I am sure there is a collective GASP being expressed - right now!). The cost is too high and service has not tracked with the costs (higher cost, same service).
I have used T mobile or sprint continuously for the past 10+ years because they always offer the best price. They go back and forth. AT&T and Verizon have never been close. So I am happy with the result..
T-mobile has a good presence in Europe, not sure though about US? So, this deal would benefit AT&T in strengthening its presence in Europe. How would this be bad for US as this can only generate more revenue for US company?
Nice idea by Obama. They have to stop this kind of consolidation. It is already happening where 3 networks in the international airline routes control the world. This does not help the common phone user; it is to hike price and I vote YES.