Wireless Drives AT&T Growth

They yank application from FCC but haven't given up on the deal

(NEWSER) - AT&T and T-Mobile have unexpectedly withdrawn their merger application from FCC consideration. While the move hints at trouble for the $39 billion deal, the companies say they’re not giving up, Politico reports. Instead, they’ll focus on getting approval from the Justice Department—either by winning an antitrust lawsuit against the proposed deal lodged by the department or through a settlement. Still, AT&T is, for the first time, acknowledging that things could go wrong for the deal. More»

...and what the FCC can do about it

(NEWSER) - Wireless carriers call for minimum regulations on their industry, claiming their market is competitive. But with consumers bound by two-year contracts, it’s easy for companies like Verizon and AT&T to take advantage. It’s time for the FCC to get serious about protecting wireless users, the editors of the New York Times write. The agency can start by curbing early termination fees on contracts to give consumers more power to shop around. Text messaging provides another disturbing example. More»

The consensus: 'Ma Bell is back'

(NEWSER) - Reactions to the surprise AT&T-T-mobile merger are pouring in, and, not surprisingly, most conclude this isn't a good thing for consumers:

• The Bell telephone system—"aka AT&T"—was broken up in 1984 to increase competition, and the US telecommunications market was deregulated in 1996, again to increase competition. But this merger "effectively restores Ma Bell to her former girth yet allows the company to operate in a looser regulatory environment," writes David Lazarus in the Los Angeles Times . "Consumers might wonder if they've been played. ... Ma Bell is back," and the only thing left for federal regulators to do is instill "new rules that address the shortcomings of our failed experiment in deregulation."

Because I can actually talk on it

(NEWSER) - That smartphone can text, email, navigate, surf, organize, amuse, and waste time indefinitely. But the one thing it sucks at? Actual phone calls, writes Stephen Randall in an LA Times requiem for the land line, which "sits like a weird dusty antique on my desk. It won't let me play Brick Breaker when I'm bored, it's pretty much chained to the house. It can't even take pictures." More»

Some simple moves can net $1K or more

(NEWSER) - On the eve of the first serious workday of the New Year, take a hard look at your finances and see where you can cut back in 2010. A relatively small investment in time can result in some serious savings, Kathy Kristof writes for the Los Angeles Times :

• Save automatically: "Try having just $25 a month put into a savings account at the beginning of each month." You can still spend it, but if all goes well, "you'll just find a way to spend that much less."