How Many Text Messages Are Sent a Day?

In today’s digital age, text messaging remains one of the most popular methods of communication worldwide. Despite the rise of messaging apps like WhatsApp, Facebook Messenger, and WeChat, the simplicity, accessibility, and affordability of SMS (Short Message Service) continue to make it a powerful tool for individuals and businesses alike. But just how many text messages are sent each day? Let’s take a look at the numbers and explore the factors contributing to SMS’s sustained popularity.

A Snapshot of Daily Text Messages in 2024

Based on recent statistics, approximately 23 billion SMS messages are sent worldwide every day. This amounts to a staggering 8.4 trillion text messages per year. While daily text volume varies by region and demographics, this number reflects the universal appeal of text messaging across the globe.

Why Are Billions of Text Messages Still Sent Daily?

Several key factors explain why text messaging remains a dominant form of communication:

1. Global Reach of SMS
   Unlike messaging apps that require an internet connection and account setup, SMS is accessible to anyone with a mobile phone. This makes it especially valuable in regions where smartphones or reliable internet access are limited. An estimated 5 billion people globally use SMS, making it one of the most widely available communication methods.

2. High Open Rates and Immediacy
   Studies indicate that SMS messages boast an open rate of 98%, with 90% of messages read within three minutes of delivery. This immediacy is unmatched by email, which has an open rate of around 20-30%, and even some messaging apps, as users are often more vigilant about reading their texts than checking app notifications.

3. Strong Presence in Business Communication
   SMS has become an essential tool in business communication, especially for customer service, reminders, and notifications. With 61% of marketers using SMS, industries like retail, healthcare, and finance rely heavily on text messaging to send appointment reminders, sales promotions, and security alerts, ensuring that important messages reach customers quickly.

4. Secure Communication Channel
   SMS is generally considered a secure form of communication, especially for sensitive information like banking alerts and two-factor authentication codes. Financial institutions and security services use SMS to send OTPs (one-time passwords) due to its reliability and the added layer of security it offers.

5. Easy Integration with Marketing Campaigns
   For brands, SMS marketing can achieve engagement levels that email or social media marketing may not reach. By integrating SMS with other marketing channels, businesses can increase customer reach and conversion rates. Surveys show that 75% of consumers are comfortable receiving SMS messages from brands they trust if they’ve opted in, making it an invaluable tool for customer retention.

Text Message Trends Across Different Age Groups

While SMS is universally popular, the frequency and usage vary across age groups. Here’s a breakdown of how different demographics use text messaging:

• Younger Generations (18-34): Millennials and Gen Z tend to prefer messaging apps but still rely on SMS for essential communication, such as notifications from brands, institutions, or services that don’t use apps.

• Middle Age (35-54): This group uses SMS frequently for both personal and professional purposes, and they are comfortable receiving texts from brands, especially for reminders or promotions.

• Older Adults (55+): Older adults heavily rely on SMS as a primary communication method. SMS’s simplicity and ease make it preferable for staying connected with family and receiving notifications from healthcare providers or financial institutions.

The Impact of SMS on Global Communication Patterns

SMS has influenced the ways people communicate, with businesses and individuals often prioritizing text messaging for urgent or essential information. The worldwide SMS market is valued at over $50 billion and is expected to continue growing, particularly in emerging markets where internet access is inconsistent. In many parts of Africa, Asia, and Latin America, SMS remains the backbone of digital communication, fostering information sharing and facilitating services like mobile banking, telehealth, and e-learning.

Future Predictions for Text Messaging Volume

Although the rise of messaging apps may have caused a slight decline in SMS volume, experts predict that text messaging will remain relevant for years to come due to the demand for secure and reliable communication channels. Here are some potential developments we might see:

• Increased SMS Usage for IoT Devices: As smart technology expands, more devices will communicate through SMS. For example, monitoring systems in agriculture, transportation, and healthcare can use SMS alerts for real-time updates and problem-solving.

• 5G and Rich Communication Services (RCS): With the rollout of 5G, RCS aims to upgrade traditional SMS by incorporating multimedia, group messaging, and enhanced security, bringing SMS closer to the capabilities of internet-based messaging apps.

• Continued Use in Authentication and Security: As cybersecurity threats grow, SMS will likely remain an essential tool for two-factor authentication and security alerts, especially for sensitive accounts and services.

Final Thoughts: The Staying Power of SMS

The sheer volume of daily text messages in 2024 demonstrates SMS’s lasting relevance. Whether for personal communication or professional outreach, text messaging continues to be a reliable, immediate, and global means of connection. With advancements like RCS and 5G on the horizon, the future of SMS looks promising, combining traditional simplicity with modern capabilities.

So, as you go about your day, sending or receiving texts, remember: you’re part of the billions of messages exchanged globally each day, connecting people from all walks of life in a few simple taps.

How Many Emails Are Sent Per Year? A Look at Email Usage in 2024

Email remains one of the most widely used forms of communication globally, with billions of emails sent daily for personal, professional, and marketing purposes. The number of emails sent per year has consistently increased as businesses rely more heavily on digital communication.

Total Number of Emails Sent Per Year

In 2024, it’s estimated that over 390 billion emails are sent each day, which translates to a massive 142 trillion emails per year. This volume is driven by a mix of personal messages, business communications, and marketing emails.

Why Is Email Volume So High?

Several key factors contribute to the high volume of email usage worldwide:

1. Growth in Business and Professional Communications
   Businesses around the world use email as a primary mode of communication, both internally and externally. Emails are essential for team collaboration, customer service, and sharing information with clients. According to recent studies, more than 70% of businesses report that email is their preferred communication channel.

2. Increased Marketing and Advertising Campaigns
   Email marketing continues to be one of the most effective digital marketing tools. Companies send promotional emails, newsletters, and targeted campaigns to engage with customers and boost sales. With personalized email strategies, businesses are increasingly relying on email to reach their audience directly.

3. Remote Work and Hybrid Models
   Since the pandemic, remote work and hybrid work models have become mainstream, further increasing email usage. Teams rely on email to share documents, updates, and essential information.

4. Automated Email Systems
   Many businesses use automated email systems for notifications, reminders, and alerts. These systems are responsible for a large portion of the emails sent daily, such as shipping updates, receipts, appointment reminders, and account activity notifications.

Email Usage by Demographics

While email usage varies by age and profession, it remains popular across all demographics. Here’s how email use trends by group:

• Professionals (18-55): Emails are crucial for daily work communications, project updates, and business transactions.
• Consumers (18-45): This group uses email regularly to stay updated on promotions, newsletters, and service updates from brands.
• Older Adults (55+): Many older adults use email as a primary way to communicate, especially with family and for medical or financial information.

Future of Email: What’s Next?

While social media and messaging apps are popular, email remains a trusted, versatile, and indispensable tool. The future of email likely includes more AI-driven personalization, better spam filters, and stronger privacy measures, ensuring it stays relevant for both individuals and businesses.

In summary, email continues to thrive as a communication tool, with over 142 trillion emails sent each year. The role of email is likely to grow even further, making it a critical component of modern digital communication.

AT&T Mobility CEO Ralph de la Vega Executive Compensation

Ralph de la Vega CEO of AT&T Mobility Made $11 Million in 2010

The CEO of AT&T Mobility makes $10 million dollars per year. See the latest numbers of Ralph de la Vega's Compensation for 2010 from Forbes.  Ralph took a modest salary of $820,833 and other stock bonuses that grossed him exactly $10,894,670 in 2010.

Ralph de la Vega was the former CEO of AT&T Mobility, which is the mobile phone division of AT&T Inc. He held the position from 2007 to 2016. During his tenure, de la Vega played a significant role in expanding AT&T's wireless business, including the launch of the iPhone exclusive partnership in 2007.

Under de la Vega's leadership, AT&T Mobility experienced notable growth, expanding its network coverage, and launching initiatives such as the deployment of the 4G LTE network. He also oversaw the acquisition of Alltel's wireless assets and the integration of AT&T's wireless business with its wireline operations.  

How does this compare to his superior Randall Stephenson's executive compensation who took home $27 million in 2010.  Sounds like a wonderful Ponzi scheme to me or a house of cards that is waiting to come crashing down has also paid out $10 billion dollars of dividends to shareholders.   See the details of Ralph de la Vega's compensation in 2010. 

Salary	$820,833.00
Bonus	$0.00
Restricted stock awards	$4,000,024.00
All other compensation	$96,850.00
Option awards $	$36,513.00
Non-equity incentive plan compensation	$1,700,000.00
Change in pension value and nonqualified deferred compensation earnings	$4,240,450.00
Total Compensation	$10,894,670.00

T-Mobile And Sprint Are In Active Talks About A Merger

Both companies and their parents, Deutsche Telekom and Softbank, have been in frequent conversations about a stock-for-stock merger in which T-Mobile parent Deutsche Telekom would emerge as the majority owner.

People close to the situation stress that negotiators are still weeks away from finalizing a deal and believe the chances of reaching an agreement are not assured. The two sides have not yet set an exchange ratio for a deal, but are currently engaged in talks to hammer out a term sheet. T-Mobile and Sprint have had a seemingly endless dalliance over the years since Softbank took control of Sprint, pushed by the prospect of billions of dollars in cost synergies that a merger would bring.

The last time the two companies held meaningful talks earlier this year, Softbank's Masayoshi Son indicated a willingness to sell Sprint to T-Mobile. This time, given the all-stock nature contemplated, Softbank would emerge as a large minority holder in any combination. While T-Mobile CEO John Legere is expected to lead any combination that results from a merger, Son has made it clear he wants a say in how the company is run. That desire adds another layer of complexity to an already difficult transaction.

T-Mobile has not begun due diligence on Sprint, yet another step that could change current price expectations or the willingness to move forward. The biggest issue is whether any merger between the No. 3 and No. 4 wireless carriers in the nation would be approved by antitrust regulators. The risk of rejection by the Department of Justice will play an important role in the final decision made by both sides as to whether they will proceed with a deal.

History of US Wireless Telecom Consolidation

US Mergers and Acquisitions of Wireless Telecom in the US

List of companies consolidated by Sprint (NYSE: S), Verizon (NYSE: VZ), T-Mobile (DTEGY.PK) & AT&T (NYSE: T).  Here is a chart explaining the acquisitions and the year it took place.  This slide was contributed on the Rural Wireless Telecom webcast to help the industry understand why the AT&T and T-Mobile merger is too big!

Sprint: Nextel (2005).
Verizon:  Nynex (1995), PrimeCo (1999), Airtouch (1999), Vodafone Airtouch (1999), GTE (2000), Unicel (2007), Alltel (2009), Western Wireless (2005).
AT&T:  Bell South Mobility (2000), SBC (2000), Cingular (2004), Dobson Cellular Systems (2008), Centennial Wireless (2009).
T-Mobile: Founded as Voice Stream (1994), Omnipoint (2000), Aerial Communications (2000), Powertel (2001),  Changed the name to T-Mobile USA (2002), SunCom (2007).  

Jon Stewart on FCC & Comcast Corruption

We all know the FCC is a joke but this one takes the cake as one of the most ridiculous conflicts of interest I have ever heard. The Daily Show’s Jon Stewart just railed the former FCC Commissioner Meredith Attwell Baker for becoming a lobbyist for Comcast. The hilarious segment was complete with booing and hissing from the audience when the commissioner’s actions were revealed.  Criticism of Commissioner Baker has come from almost every media outlet including The New York Times, TIME Magazine, Rolling Stone and now The Daily Show.  Freepress has collected more than 60,000 letters urging Rep. Darrell Issa to investigate Baker’s sudden departure with a goal of 100,000 before delivering them to the congressman.  Send you a letter demanding the resignation and clamping down of the FCC corruption. 

DeadZones.com Censored Blog Posts

10 Reasons Why The FCC is a Joke

AT&T CEO Randall Stephenson Executive Compensation

AT&T Mobility CEO Ralph de la Vega Executive Compensation

Al Franken Rips AT&T's Coverage Map

Ooooh . . . That's a Great Map!

Thanks to the strong support of a strong U.S. Senator Al Franken, AT&T might actually have an opponent in the Government who won't approve the merger. Al is not on AT&T's political payroll. In this short video clip for CSPAN Senator Franken makes fun of AT&T's map directly to the CEO of AT&T Randall Stephenson. He then moves on to other back-haul issues after Randall Stephenson and others on the panel acknowledge that competition is a National issue. Read more and listen to more of the testimony on Al Franken opposing the merger and modification of net neutrality laws. Al Franken argues against the current practices of the Department of Justice and the FCC analyzing competition on a local level. Its wrong and the companies competing in the marketplace and everyone knows it. This quote came 1 hour and 30 minutes into the full Senate hearing.

Senator Al Franken on Net Neutrality & Merger

You have to love an honest politician from the Midwest who fights for the average consumer.  Al Franken rips AT&T's coverage maps.  Contrary to what the misleading video headline says.  Al Franken does support Net Neutrality but not its' current corrupt form.  He wants Net Neutrality without the current loopholes proposed in the revised legislation that has been pushed by the big carriers and telecom companies.  He will block the legislation and hopefully will try and do the same to block the merger.  Al has had some great quotes on CSPAN recently with regards to supporting OPEN Net Neutrality rules without loop holes and blocking the AT&T and T-Mobile merger. Al Franken thinks that having another wireless oligopoly is a bad idea for consumers.  Al Franken grilled Randall Stephenson CEO of AT&T today with some great questions.   If we can get our hands on the YouTube video of him mocking AT&T's huge coverage maps I will post it below.  Fast forward to 1 hr and 30 minutes in this Al Franken CSPAN video.  Al Franken, "Oooh AT&T it's a great map!"

Cellular South Opposes the Merger

Dan Hesse of Sprint opposes the merger and now Victor H. "Hu" Meena CEO of Cellular South @CellularSouth also opposes the AT&T & T-Mobile merger.  Both were testifying to the Senate Judiciary Committee on Capital Hill today. Other rural carriers Leap Wireless, Cellular South, Cellular One, Cellular South, Cincinnati Bell also appose the merger.

AT&T HSPA+ 4G Phones

HTC Inspire, Motorola ATRIX and Samsung Infuse

AT&T now claims to have 80% of their network with HSPA+ but they don't provide a coverage map yet.  Also, AT&T does not tell you that your old phone and iPhone will not work on the HSPA+ network and you will be required to buy a new phone like the ones below that are AT&T 4G compatible. All of you iPhone lovers who just bought the iPhone 4 won't work on the faster AT&T's HSPDA network. The HTC Inspire sells for $499, Motorola ATRIX for $699 and the Samsung Infuse is $199.  Very expensive if you ask me even with a data contract subsidy for $200 to $300.  T-Mobile has had 4G HSPA+ for over a year and has a lot more phones to choose from if you plan to switch before the merger.  Search Amazon.com for at&t 4g phones.

How Many AT&T Microcells Have Been Sold?

In just 2 years AT&T now has 350,000 Microcells on their network compared to 256,000 cell phone towers.   Sprint has 250,000 femtocells on their network as well.  Microcells are growing a lot faster than cell phone towers despite the poor reviews from customers.  Many AT&T customers experience the Microcell dropping calls which is distributed by Cisco (Nasdaq: CSCO) & designed by IP Access.  Microcells sell for $150-$200, however, many people are learning how to complain to AT&T and get a free Microcell. 

It is also going to be interesting to see how the T-Mobile customers will be affected by the merger and the change in culture towards femtocells.  T-Mobile does not believe in the femtocell concept and has stuck with WiFi calling which works great.  T-Mobile has always maintained the position that they will have their customers use WiFi to make phone calls onto the network when cellular reception is non-existent.  

AT&T has 256,000 traditional cell phone towers which AT&T claims to have and says is growing to 500,000 but I don't believe them.  This would only happen if they would acquire T-Mobile and thus would be many overlapping sites.  AT&T would likely divest many of these towers in the process.  So why all the hype about 4G infrastructure when connectivity is getting fragmented onto WiFi?  Why are carriers hyping 4G  when G still stinks and that WiFi is not secure and therefore you should always connect through their network?  The costs of a Microcell vs Cell Phone Tower makes you think that there could be other alternative forms of unlicensed communication in the future through WiFi for free. 

AT&T T-Mobile $3B Break-Up Fee in Escrow?

AT&T Inc. (NYSE: T) on Tuesday sold $3 billion of bonds in a two-part debt offering comprising five- and 10-year notes, according to a person familiar with the transaction.  Is this the $3B break-up fee required to pay Deutsche Telecom (PINK: DTEGY) if the merger fails to get approved?

The $1.75 billion, five-year piece bearing a 2.95% coupon priced at a discount to yield 2.989%, or 0.97 percentage point over comparable government debt; while the 10-year, $1.25 billion piece with a 4.45% coupon priced to yield 4.459%, or 1.15 percentage points over Treasury's. Proceeds from the notes, which were rated A2 by Moody's Investors Service, will be used for general corporate purposes.

Barclays Capital (NYSE: BCS), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) and Wells Fargo (NYSE: WFC) were joint leads on the deal, supported by Williams Capital as a co-manager. Read more from WSJ.  What does this mean for the probability of the AT&T $20B bridge loan that JPMorgan (NYSE: JPM) is leading?

Related Stories:
Why The FCC Has No Credibility

AT&T to FCC: "I Am Not A Crook"

AT&T continues to lie about the T-Mobile acquisition that should not be allowed.  Here are 5 lies from their merger submission to the FCC.     

#1) AT&T (NYSE: T) does not consider the current incarnation of T-Mobile USA to be a real competitor and points to smaller rivals like MetroPCS Communications (NYSE: PCS), U.S. Cellular (NYSE: USM), Leap Wireless (NYSE: LEAP),  Cellular South Inc. and Cincinnati Bell Wireless (NYSE: CBB), who combined have about 60% of T-Mobile USA’s customer base.  Read more.

#2) AT&T also claims to lack enough spectrum to launch UMTS in some markets. Spectrum shortage exaggeration.

#3) AT&T claims channel pooling for GSM services will increase capacity by as much as 15% in some areas.     How to relieve 3G data congestion.

#4)  T-Mobile's removal from the marketplace will not have a significant competitive impact.  AT&T says it is more focused on Verizon and Sprint than on T-Mobile USA, and AT&T too is seeing increased competitive threats from rapidly growing mavericks like MetroPCS and Leap and other providers.  Wireless competition

#5)  No mention of CDMA vs GSM handset competition

How Does the FCC Evaluate Competition?

The FCC will identify specific markets that require additional review using a test known as the Herfindahl-Hirschman Index (HHI), which measures the concentration of wireless providers in the area. The commission will also look at the spectrum for mobile services in a given area and see what percentage of that spectrum is held by the parties in question.

AT&T executives have argued that in a local market analysis it will show that at least four carriers and sometimes five are available in most major cities. However, consumer groups like Deadzones.com take issue with this notion and know that Verizon & AT&T are cozy cartels. It is obvious by analyzing the financials of the two biggest wireless players AT&T and Verizon have a significant advantage with annual revenues almost 5X larger than the nearest competitor. AT&T & Verizon generated $100B+ in annual revenue and are getting bigger while smaller competitors aren’t able to keep up especially in light of specialized deals with companies like Apple iPhone and their huge marketing budgets.

Members of Congress Paid by AT&T

Members of Congress Who have Cashed Checks from AT&T

Corruption yields political power when you have lots of free cash flow money to throw around. AT&T’s PAC spent $15 million in 2010 and Verizon spent $16 million strategically targeting influential new members, returning lawmakers and congressional leaders on panels of jurisdiction from both parties.

Members of Congress Who Received Donations from AT&T
House Energy and Commerce Chairman Fred Upton (R-Mich.), Telecom panel chief Greg Walden (R-Ore.) and all but two of the members on Walden’s committee cashed checks from AT&T this past election cycle.  Half of the Senate’s top Antitrust panel collected AT&T cash during the last election cycle.  Every member of the Senate Commerce Committee including Chairman John Rockefeller (D-W.Va.) and freshmen GOP Sens. Marco Rubio of Florida, John Boozman of Arkansas, Pat Toomey of Pennsylvania and Kelly Ayotte of New Hampshire has in his or her career collected AT&T campaign cash. AT&T also has powerful personal connections with leading federal officials on both sides of the political aisle including Bill Daley, President Barack Obama’s White House chief of staff. Daley took over as No. 2 at SBC in 2001 and left in 2004 to join JPMorgan Chase before SBC announced its plans to merge with AT&T. Read more:

AT&T Also Hires New Lobbyists 

AT&T employed about 90 lobbyists, both in-house and through outside hires last year. Some of those lobbyists are former members of Congress and top Hill aides, according to the center. According to federal lobbying disclosures, four of the lobbyists work at a single firm: Peck, Madigan, Jones, & Stewart. They include Jeffrey Peck, a former staff director and general counsel for the Senate Judiciary Committee; Sean Richardson, a former chief of staff to Sen. Amy Klobuchar, D-Minn., who sits on the antitrust subcommittee of the Judiciary Committee; John Michael Gonzalez, who served as chief of staff to former Rep. Melissa Bean, D-Ill.; and Peter Madigan, who was chief of staff to former U.S. Trade Representative Robert Zoellick.  Read More.

Wireless Spectrum Shortage Exaggeration

Why the spectrum shortage exaggeration?  AT&T is simply trying to block competition and thus making your service worse in the long run.  The "spectrum crisis" has been hugely exaggerated for political purposes.  Spending billions of dollars to have the right to use airwaves or licensing wireless spectrum, is essential to phone companies and its a huge government revenue generator despite very few people understanding it.  Most spectrum today is unlicensed such as WiFi but the licensed spectrum is often hoarded to fend off competition.  For example, AT&T has gone to great lengths to add capacity to its congestion 3G network in such cities as New York and San Francisco not by tapping its unused spectrum, but by upgrading its cell tower and networking equipment and backhaul.   If AT&T's data network is overloaded in an area, the traffic doesn't move over to T-Mobile's network if there is spare capacity at the tower. But that would happen after the two companies combine, resulting in better utilization but likely even more network congestion for both AT&T and T-Mobile customers.

More spectrum available means more simultaneous phone calls and more data can be carried in the same area.  According to the experts AT&T already has an ample supply of unused wireless spectrum that it plans to use to expand its network over the next several years. And much of T-Mobile's 3G spectrum is already in use, so the acquisition won't result in fresh airwaves becoming available for AT&T customers.

AT&T has reasons besides spectrum hoarding to pay $39 billion for T-Mobile.  It lost the iPhone exclusivity and wants to persuade T-Mobile's customers to switch to smartphones, which carry higher monthly fees and data plan. That's an argument that appeals to Wall Street investors, but not to regulators at the FCC or the Department of Justice who are reviewing the merger.  All the more reasons why we think the Obama Administration will block the merger in order to persuade the industry to have 3 large competitors and encourage vertical integration not horizontal.   

AT&T's Army of Investment Bankers: Evercore, JPMorgan, Greenhill

It's very important to note which investment banks are helping to AT&T bamboozle Washington politicians into approving this deal.  What goes around comes around and these companies will certainly get a bad case of bad karma blues if this deal closes and they take money to bank the deal.  Here is a list of bankers involved in the deal.

Staying out of this mess might be a blessing in disguise for investment bank Goldman Sachs who apparently is not involved in the merger dealings.  Don't be surprised if the smartest investment bank in the World Goldman Sachs (GS) is on the short side of the JP Morgan bridge loan.  Goldman and hedge funds will make all of the money on the short side as the AT&T house of cards come tumbling down.

Should AT&T Trust Roger Altman?

AT&T hired Evercore (EVR) due to a relationship with founder Roger Altman who has strong ties to Washington. Altman, a former deputy secretary of the U.S. Treasury, has expanded Evercore, which he founded in New York in 1996, into a more-than-600-employee firm. "Altman called Randall Stephenson (AT&T CEO) and said, I could help you get this through the government," said a source close to AT&T.  Before founding Evercore in 1996, Altman serving as deputy secretary of the Treasury under President Clinton from 1993 to 1994. He also chaired Resolution Trust Corp., a Treasury agency that reimbursed savings and loan victims. Evercore's relationship with AT&T started in 2006 when it advised the company on its $102 billion acquisition of BellSouth. Altman resigned under pressure after allegedly leaking information to the White House about the Whitewater investigation. A source close to Altman said, "He's very close to President Obama." Obama also considered hiring Altman as head of his National Economic Council. Other Evercore bankers include Dan Mendelow & Eduardo Mestre Read in NY Post:

Jamie Dimon of JPMorgan Chase

JPMorgan Chase (JPM) is helping to finance the bridge loan and is headed by Jamie Dimon.  JP Morgan Bankers include:  Karl-Georg Altenburg, Tammo Buennemeyer, Tom Cassin, Jake Donavan, Andy O’Brien, Kurt Simon, Joachim Sonne, Jim Woolery, Anwar Zakkour

Robert Greenhill of Greenhill Advisors

Greenhill & Co (GHL) is AT&T's other advisor in the deal which is a small public investment bank based in Los Angeles.  Greenhill has significant ties to Germany based on their portfolio of deals that have closed.  Bankers include Robert Greenhill, Gil Ha & Lawrence Chu.

On the sell side of the AT&T & T-Mobile transaction Deutsche Telekom has hired investment banks Morgan Stanley, Credit Suisse & Deutche Bank.

Morgan Stanley (MS) bankers include:  Jean Abergel, Robert Eatroff, James Murray, Dirk Notheis, Adam Shepard.  

Credit Suisse (CS)  bankers include: Luigi de Vecchi, Ken Oliver Fritz, Jeff Murphy, Mark Simonian, John Trousdale

Deutche Bank (DB) includes: Don Birchenough, Philipp Meier-Scherling, David Pearson, Armin von Falkenhayn

Sprint (S) -77% AT&T (T) Verizon (VZ) +40% Return in Last 10 Years

AT&T, Verizon & T-Mobile a "Dead Horse" Sprint

So you think the merger of AT&T and T-Mobile is fair?  Have a look at the stock performance of Sprint, AT&T and T-Mobile over the last 10 years.  If you invested $10,000 into Sprint 10 years ago you would have approximately $3,300 left.  However, if you invested in Verizon and AT&T over the last decade you would have a whopping $14,000 with 5% dividend accumulation minus a slight decline in the value of the stock.  Sprint's stock is down approximately 77% over the last decade where Verizon and AT&T are only down 25% and 18% in value. However, with Verizon 5% dividend yield and AT&T 5% dividend yield their stocks are up over 40%.  Between these two giant sucking leaches they shell out over $15 billion dollars in dividends per year.  Verizon and AT&T are two of the highest paying dividend stocks on WallStreet.  This a carefully crafted Government and private sector shareholder led ponzi scheme is about to get worse.  Here are more details on why the Department of Justice should oppose the merger.

Clearwire CEO T-Mobile Founder Objects to AT&T Merger

Former Voicestream Wireless (T-Mobile USA) founder and now Clearwire's new CEO John Stanton the "Wireless Wiz Kid" in an interview on CNBC voiced his objection to the proposed AT&T buyout of T-Mobile. AT&T's device exclusivity was already a problem with AT&T, such as its recently ended iPhone exclusive. The concentration of buying power would only get worse if the carrier had that much more clout and 130M, customers. John Stanton does not approve of the merger between T-Mobile and AT&T and yet he struggles with his view because he doesn't want the US Government to get involved but thinks it has to.

Why Obama Will Ignore AT&T's Corrupt Union

Why, would AT&T's Communication Works of American union support the merger of T-Mobile? Because it represents another $15M per on top of its annual revenue of $500M per year?  Common sense for any free-market employee might be fear that your job might be cut if there was overlap from the acquiring company.  Not AT&T which is a bureaucratic union behemoth that has over 40,000 union employees already.  They will potentially inherit 42,000 of T-Mobile employees which represents an additional $15M per year for their new card-carrying employees.

Larry Cohen the CEO of Communication Workers of America lied to the Senate Judiciary Committee and should be investigated.  AT&T's labor union Communication Workers of America which represents almost 700,000 and generates $500 million per year might be the only reason that Obama gives the company a free pass to merge with T-Mobile.  The buzz at CTIA Wireless seems to be that AT&T's enormous union power will be the sole reason that the merger gets approved by Obama's Administration. Why? T-Mobile's 40,000 employees are all non-union employees are working on the free market concept thus one of the reasons customers have below-market rate plans. Obama has been known as a huge union supporter and AT&T has one of the largest most corrupt unions on the planet. Look at where all of that money goes?  Private planes, golf, travel, gifts, grants and a lavish lifestyle for anyone who comes into contact with the Union leaders.

You don't think the CWA union leaders would ever pay them huge salaries at the expense of their employees, would you?  Are these executives paying themselves small salaries and entertaining themselves with activities, private jets, gifts and other a lavish lifestyle.  

AT&T's union has already put out a press release supporting the merger claiming "T-Mobile USA and AT&T Merger Means Faster and More Widespread Broadband".  You can count on this being the exact opposite of what the Union is claiming.  It will undoubtedly be slower, more expensive and less widespread.  You can count on it.  The company does not care about cutting costs for consumers to save money and bring mobile data prices down to competitive world levels. This is what the Communications Workers of American have done for us in the last decade.  We are falling behind the rest of the World thanks to this corrupt union.  AT&T is a bureaucratic nightmare run like a Government that will never be able to execute on any National Broadband plans because it is too big.

Here is an important quote to note in the labor union press about the AT&T and T-Mobile press release that shows you this company is a pyramid ponzi scheme of executive, employee, union, and shareholder corruption and does not care about its customers.

AT&T will mean better employment security and a management record of full neutrality toward union membership and a bargaining voice. For T-Mobile USA workers who want a voice in their workplace, this acquisition can provide a fresh start with T-Mobile management. Some 42,000 ATT mobility employees are union represented.

The average AT&T Customer Service Representative I currently earning $24,440 per a year, and currently on step 8 of the wage progression table, will be earning $34,346 per year at the end of the contract. This represents a total increase of approximately 40.5% over the life of the contract.  Do you know anyone in the private sector that gets a raise like that?  The average Retail Sales Consultant currently earning $26,364 (excluding commissions) per year, on Step 12, will be earning $31,902 (excluding commissions) at the end of the contract. This represents a total increase of approximately 21% over the life of the contract.

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