US mobile giant Verizon Wireless – the market’s largest wireless operator in terms of subscribers – has broken its silence on the controversial USD39 billion would-be merger between AT&T Mobility and T-Mobile USA, declaring that it sees no problem with the tie-up, as long as it does not involve increased regulation for the market as a whole. Speaking to Total Telecom at the Morgan Stanley TMT Conference in Barcelona, Francis Shammo, chief financial officer for Verizon, commented: ‘We have been very silent on this one. The reason we’ve been silent: we said there needs to be consolidation and as long as there is consolidation without regulation we don’t have an objection to it’.

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Source: Telegeography