Wednesday, November 30, 2011
AT&T WITHDRAWS T-MOBILE MERGER APPLICATION FROM FCC
The Federal Communications Commission on Tuesday granted AT&T permission to withdraw its application to purchase T-Mobile USA for $39 billion. Two public policy groups, Public Knowledge and Media Access Project asked the FCC to publish its documents relating to the deal and to prevent AT&T from rescinding its application, although it appears it’s too late for that to happen. AT&T announced its intention to withdraw its application to purchase T-Mobile USA on November 24th when it explained that it was going to instead focus on a lawsuit brought against it by the Department of Justice. That case is expected to kick off in February. Should AT&T win, it is likely the wireless carrier will re-file its application with the FCC and begin its acquisition process all over again.
Labels:
acquisition,
application,
att,
fcc,
merger,
T-Mobile
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It is sad that the FCC is so corrupt that they will not allow the public documents to be publc. Hence The FCC promotes consumer fraud.
ReplyDeleteAt&t and T Mobile are all about fraud and the government does not have the backbone to stop them. Remember that at the polls.
ReplyDeleteAT & T are worthless, i advice not to buy them.
ReplyDeleteApplication forms
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