AT&T has been trying diligently to get Congress to allow it to merge with T-Mobile – a move that would potentially make AT&T the largest cellular provider in the US. Unfortunately, angry citizens and consumer advocacy groups have been working diligently to prevent the merger from happens. Before that, the world learned that AT&T would no longer be the the sole carrier of the iPhone. Verizon Wireless and AT&T will have to complete for the same group of customers, and based on Verizon’s track record they might come out as the winner.
Now, AT&T is being sued by iPhone owners that claim that they have been overcharged for data usage. The company recently ended its unlimited usage plan, which had only been around for a few years. Due to the fact that the iPhone is almost completely dependent on the web to execute its most coveted tasks. As a result, AT&T stock has taken a huge hit and the company has all but ended all of its advertising efforts that promote contracts in which consumers can get a free iPhone.
While the cell phone giant will probably be able to bounce back, critics say that AT&T is finally getting its just reward. The class action lawsuit filed against AT&T will cost the company millions of dollars to defend. They will be subject to an endless amount of audits as well as depositions. The only thing that AT&T has to look forward to now is the premiere of the iPhone 5, which hasn’t been officially announced by Apple yet.
