FCC Reviewing AT&T, T-Mobile Merger
"The FCC on Thursday issued a Public Notice announcing that it had opened a docket on the matter, and issued a Protective Order outlining "procedures to limit access to proprietary or confidential information that may be filed in this proceeding.""
"Considering the power and money involved in an acquisition of this magnitude on March 20, AT&T announced that it had agreed to acquire T-Mobile from Deutsche Telekom in a $39bn deal you can be sure that reams of documents, testimony, and opinion will be filed."
"Accompanying the announcement of the pending acquisition, AT&T chairman and chief executive Randall Stephenson said: "This transaction delivers significant customer, share owner and public benefits that are available at this level only from the combination of these two companies with complementary network technologies, spectrum positions and operations.""
TAGS:
FCC, AT&T, T-Mobile, merger
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