DoJ targets AT&T: The story behind the story [Updated]
Updated below…
Today it was announced that the Department of Justice will attempt to block AT&T’s acquisition of T-Mobile. The deal is needed for technical and regulatory reasons to allow AT&T to compete in the 4G wireless market with Verizon, Sprint/Clearwire, and with the upcoming competitor LightSquared. So why is the Department of Justice calling it bad for competition?
Enter R. Gerard Salemme. It’s not a well-known name, but it’s been an important one in the Obama administration. It’s also a name that often comes up in the ventures of one Craig McCaw. Craig McCaw is an equal opportunity donor who gives to anyone who looks likely to win, including Gore 2000, Bush 2004, and both sides in 2008.
That $2,300 donation to Obama sure is paying off.
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