NY Attorney General to analyze AT&T, T-Mobile merger

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    Schneiderman stressed that his review will weigh the benefits of the merger¹ to New Yorkers, such as expanding the coverage² of AT& T's next generation broadband wireless³ network to rural areas in upstate New York, against the anti-competitive risks posed to them.

    "Cell phones are no longer a luxury for a few among us, but a basic necessity. The last thing New Yorkers need during these difficult economic times is to see cell phone prices rise," said Schneiderman in a statement. "We want to ensure all New Yorkers benefit from these important innovations that improve lives."AT&T's proposed 39-billion-U.S.-dollar purchase of T-Mobile would create the nation's largest wireless company with a total of 130 million subscribers nationwide, opening the door to a near duopoly shared by the merged⁴ firm and Verizon, according to the New York Attorney General's office.

    T-Mobile, a subsidiary of Deutsche Telekom, is a low-cost provider of choice for millions of New Yorkers and currently has 34 million customers nationwide, making it the fourth-largest wireless company in the United States.(本文由在线英语听力室整理编辑)

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