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."
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."
