1 [Con?] It Might Not Even Happen
Though not necessarily a “con” to consumers, the fact that the merger isn’t a done deal is still worth mentioning. In fact, there’s actually a good chance that the merger will be blocked by federal antitrust regulators.
Back in 2011, a similar merger between AT&T and T-Mobile fell through due to government pressure. And according to some market watchers, existing investigations — like the Justice Department’s probe into whether AT&T and Verizon colluded to hamper eSIM development — makes the merger even less likely.