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AT&T slams FCC report on T-Mobile merger PETER SVENSSON (The Associated Press) 05:39:26AM (ET) Friday,December 2,2011. NEW YORK (AP) — ...
 
 
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Old 12-02-2011, 02:39 AM   #1
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Exclamation AT&T slams FCC report

AT&T slams FCC report on T-Mobile merger
PETER SVENSSON
(The Associated Press)

05:39:26AM (ET) Friday,December 2,2011.

NEW YORK (AP) — AT&T says the Federal Communications Commission compiled an unfair and biased report on what would happen if AT&T were allowed to buy T-Mobile USA.

AT&T agreed in March to buy T-Mobile USA for $39 billion, but the deal has encountered opposition, first from the Justice Department and then from the FCC. Analysts now give it only a slim chance of going through.

The FCC took the unusual step of releasing its analysis of the merger on Tuesday.

In its response Thursday, AT&T Inc. says the report gives the impression "that it is an advocacy piece, and not a considered analysis." The report says the merger would threaten fragile competition, yet it cites existing competition as a strong motivator for AT&T, the company says.

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This has become a hot issue this week.
Posted two threads on this topic and now becoming a mini series.
I believe AT&T wanted to keep this situation private.
($39 billion doesn't keep things quiet)
Quote:
the merger would threaten fragile competition, yet it cites existing competition as a strong motivator for AT&T
...fragile from the outside,unknown financial strength on the inside.
There are poker faces in this business...
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