That's in the letter too. ATT stopped considering building out their own network for $3.8B back in Jan, right around the time they started considering acquiring T-Mobile for $38B.
They decided to spend 10 times more on a process of regulatory approval and service integration that would likely take about as long as it would to simply build out their own network.
The implication being that ATT isn't doing this for T-Mo's network, but anti-competitively to crush Sprint by preventing them from getting T-Mobile's network and customers.
They decided to spend 10 times more on a process of regulatory approval and service integration that would likely take about as long as it would to simply build out their own network.
The implication being that ATT isn't doing this for T-Mo's network, but anti-competitively to crush Sprint by preventing them from getting T-Mobile's network and customers.