U.S. moves to block AT&T's buying of T-Mobile
英语课
WASHINGTON, Aug. 31 (Xinhua) -- The Justice Department of the United States on Wednesday filed an antitrust lawsuit 1 to block AT& T's acquisition of T-Mobile, Deputy Attorney General James M. Cole said at a press conference.
Cole said that four nationwide providers, including AT&T, T- Mobile, Sprint 2 and Verizon, account for more than 90 percent of the mobile wireless 3 connections in America, so "preserving competition among them is crucial."
A merger 4 of AT&T and T-Mobile, however, would combine two of the four largest competitors in the marketplace, and would eliminate T-Mobile, an aggressive competitor, from the market, he said.
The combination of the two companies would also result in tens of millions of consumers facing higher prices, fewer choices and lower quality products for their mobile wireless services, he added.
"We are seeking to block this deal in order to maintain a vibrant 5 and competitive marketplace that allows everyone to benefit from lower prices and better quality and innovative 6 products."
AT&T is the second largest mobile phone service provider in the U.S.and T-Mobile is ranked the fourth largest. Since AT&T's proposed 39 billion U.S. dollars acquisition of T-Mobile was released in March, the deal has proved controversial, with increasing opposition 7 from rivals, consumer advocates and organizations.
n.诉讼，控诉
- They threatened him with a lawsuit.他们以诉讼威逼他。
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n.短距离赛跑；vi. 奋力而跑，冲刺；vt.全速跑过
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adj.无线的；n.无线电
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n.企业合并，并吞
- Acceptance of the offer is the first step to a merger.对这项提议的赞同是合并的第一步。
- Shareholders will be voting on the merger of the companies.股东们将投票表决公司合并问题。
adj.震颤的，响亮的，充满活力的，精力充沛的，(色彩)鲜明的
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adj.革新的，新颖的，富有革新精神的
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n.反对，敌对
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