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”.