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Dear President Obama:Sign the letter here and help stop the AT&T acquisition of T-Mobile, which means fewer choices for the consumer, higher prices and more laid off workers.
AT&T’s plan to merge with T-Mobile hurts American consumers, threatens American jobs and harms our economy. We urge you to speak out against this job-killing deal.
If approved, the merger would allow AT&T to gouge customers, destroy a competitor and lay off an estimated 20,000 American workers. And it would leave two giant companies in control of 80 percent of the wireless market — representing unprecedented concentration that dwarfs even the old Ma Bell monopoly.
AT&T's case for this merger is unraveling. Its own documents, which were inadvertently made public last week, show that it would be far cheaper —$35 billion cheaper — for the company to build out its network to 97 percent of the country than it would be to purchase T-Mobile. Though AT&T has claimed otherwise, it's now clear this deal has nothing to do with expanding mobile Internet coverage and everything to do with padding company profits at the expense of good-paying jobs.
Every AT&T claim about the public benefits of its takeover of T-Mobile has now been proven wrong. If you want to create jobs and spur innovation, this merger must be stopped. Please speak out against this dangerous deal.