House Judiciary Committee chairman Lamar Smith wrote a letter to FCC chairman Julius Genachowski and Eric Holder, the Attorney General of the United States, on Tuesday expressing his support of AT&T’s planned $39 billion acquisition of T-Mobile. Smith said he believes the FCC and the Department of Justice have only heard “one side of the …
Speaking during a recent Fortune Brainstorm Tech conference, Verizon’s Chief Operating Officer Lowell McAdam said he expects AT&T’s proposed $39 billion acquisition of T-Mobile USA to be approved by government regulators. “I’d say the merger will probably go through,” McAdam said. “It’s a merger AT&T probably had to do.” While other carriers such as Sprint …
Senator Herb Kohl, the chairman of the Senate’s antitrust subcommittee is recommending that federal regulators deny AT&T’s $39 billion planned acquisition of T-Mobile. ”I have concluded that this acquisition, if permitted to proceed, would likely cause substantial harm to competition and consumers, would be contrary to antitrust law and not in the public interest, and …
