Sprint already plans on appealing to Congress to stop AT&T’s $39 billion buyout of T-Mobile. After AT&T’s announcement, Sprint’s shares dropped a staggering 14 percent. Sprint CEO Dan Hesse stated that the takeover would stifle innovation and give AT&T a competitive stranglehold. Read the full article at Bloomberg.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and the CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, writes a weekly column for Adweek, and is a regular commentator on CNN and CNBC and writes a popular daily business blog. He’s the Co-Host of the award-winning podcast Techstream with Shelly Palmer & Seth Everett and he hosts the Shelly Palmer #CryptoWednesday Livestream. Follow @shellypalmer or visit shellypalmer.com.