AT&T execs sounded confident on a conference call hosted on Monday to explain the goodness of their plan to purchase T-Mobile USA. That optimism will have to hold up against the hits the deal is taking as it heads to Washington for consideration.

Media outlets have reported on the possible ramifications and the very real opposition to the acquisition all week (and it’s only Wednesday).  The New York Times reports on some analyst predictions that the merger will result in consumers paying more for service.

“The bottom line, they said, is that competition is likely to suffer, leading to higher prices and less innovation,” Jenna Wortham writes. Other analysts have a more optimistic outlook, saying that service and coverage could improve.

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