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AT&T, T-Mobile submit enough info for FCC to continue deal review

Written by Andre Yoskowitz (Google+) @ 26 Aug 2011 14:51 User comments (1)

AT&T, T-Mobile submit enough info for FCC to continue deal review The FCC has said this morning that both AT&T and T-Mobile have provided enough info so that the regulatory agency can now continue its review on the proposed $39 billion deal acquisition.
82 days into a 180-day review "clock," the FCC halted the review but has now restarted it.

The FCC needed new information on the "economic modeling" AT&T provided last month, as it there were a lack of substantial arguments about efficiencies created by the huge merger.

Officials received enough info now on the new modeling and can continue its review.

Bob Quinn, AT&T's senior vice president of federal regulatory issues says they are now "confident that the commission will move expeditiously to complete its review."

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1 user comment

126.8.2011 23:09

Officials already have all the information that they need from the letter to the shareholders...this is just to get rid of competition, and it will cost about 10x more than just building the towers that they claim they are doing this for. I guess they are just going to ignore that completely.



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