On the AT&T/T-Mobile Merger
Posted on June 17, 2011
Last March, when AT&T announced plans to acquire T-Mobile, the NAACP voiced our support of the proposed merger. Here’s why:
For years, the NAACP has monitored the telecommunications industry and its commitment to workplace diversity. AT&T has consistently ranked near the top of the pack in our annual Economic Reciprocity Initiative, with a demonstrated commitment to diversity in hiring, promotion policies, philanthropy and procurement. They have walked the walk on issues that are important to us and our community.
T-Mobile, on the other hand, has refused to participate in the initiative at all. We believe that the proposed acquisition will have a positive benefit for T-Mobile’s minority employees, vendors and consumers.
What’s more, AT&T is the only major U.S. wireless company with a unionized workforce, providing livable wages and benefits as well as the employee development and protections that the NAACP has long fought for in other major industries. The merger would extend labor contracts to T-Mobile employees whose efforts to unionize have been stymied under current leadership.
Additionally, we are optimistic that this acquisition will further advance increased access to affordable and sustainable wireless broadband services and in turn stimulate job creation throughout our country.