Apr 2, 2011

FCC Commissioner not happy with ATT bid for T Mobile

by

ATT
It looks like AT&T may be in some hot water with the FCC and possibly scalding. The major problem is that the deal would concentrate 80% of the United States wireless contract customers into just two companies, them being AT&T and Verizon Wireless. Michael Copps, the FCC Commissioner stated that he was concerned about the amount of power and influence the merged company would hold, given that two companies would virtually own the wireless landscape. Although for the deal to go through it needs to be approved by the FCC and the Justice department. The merger documents are supposed to be filed with the FCC in the coming weeks, so it will be interesting to see what AT&T uses to defend themselves in doing this merger and how it could benefit the climate of the wireless landscape.


Categories: News


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