FCC Official Skeptical About AT&T and T-Mobile Merger

Advertisement

You definitely heard of the $39 billion deal in which AT&T acquires T-Mobile, as such news can’t go unnoticed, and we told you what that merger could mean from the consumer’s point of view.

The deal needs all sorts of regulatory approvals and an anonymous FCC employee told The Wall Street Journal that it’s possible for the deal to go through major changes before being approved, if at all. “There’s no way the chairman’s office rubber-stamps this transaction. It will be a steep climb to say the least“, he said.

FCC didn’t start the investigation on the deal but the official said that there will be an evaluation of AT&T’s proposal. The Commission will check whether such a merger would be in the best interest of the public. FCC chair Julius Genachowski said at CTIA that there will be an April 7 FCC meeting where roaming charges will be voted upon and he personally will push for lower roaming rates and required roaming agreements, as “the current situation could let incumbents like AT&T and Verizon shut out rivals by either refusing a roaming deal or negotiating unfair rates”.

Source: The Wall Street Journal

Via: Electronista

Advertisement

What's your reaction?
Love It
0%
Like It
0%
Want It
0%
Had It
0%
Hated It
0%
About The Author
Anton D. Nagy
Anton is the Editor-in-Chief of Pocketnow. As publication leader, he aims to bring Pocketnow even closer to you. His vision is mainly focused on, and oriented towards, the audience. Anton’s ambition, adopted by the entire team, is to transform Pocketnow into a reference media outlet.Given his background, and knowing his potential, something tells us he will succeed this time too! Stick around!