DaMan
Active Member
- Joined
- Nov 17, 2003
- Location
- South of Nowhere
<center><a href="http://www.bgr.com/2011/11/29/att-granted-approval-to-withdraw-t-mobile-merger-application-from-fcc"><img class="aligncenter size-full wp-image-85384" title="att_building" src="http://www-bgr-com.vimg.net/wp-content/uploads/2011/04/att_building110414155012.jpg" alt="" width="652" height="372" /></a></center>
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 <a href="http://www.bgr.com/2011/11/29/public-policy-groups-accuse-att-of-merger-gamesmanship-call-for-release-of-fcc-docs/">asked the FCC to publish its documents</a> 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 <a href="http://www.bgr.com/2011/11/24/att-withdraws-fcc-application-for-t-mobile-merger/">withdraw its application to purchase T-Mobile USA on November 24th</a> when it explained that it was going to instead focus on a lawsuit <a href="http://www.bgr.com/2011/08/31/u-s-government-sues-to-block-att-t-mobile-merger/">brought against it by the Department of Justice</a>. 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. Public Knowledge and Media Access Project have argued that AT&T will have unfairly exhausted the resources of its competitors by the time it re-files for the merger.
<img src="http://feeds.feedburner.com/~r/TheBoyGeniusReport/~4/Dyl8bzTh6As" height="1" width="1"/>
Via BRG - Boy Genius Report
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 <a href="http://www.bgr.com/2011/11/29/public-policy-groups-accuse-att-of-merger-gamesmanship-call-for-release-of-fcc-docs/">asked the FCC to publish its documents</a> 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 <a href="http://www.bgr.com/2011/11/24/att-withdraws-fcc-application-for-t-mobile-merger/">withdraw its application to purchase T-Mobile USA on November 24th</a> when it explained that it was going to instead focus on a lawsuit <a href="http://www.bgr.com/2011/08/31/u-s-government-sues-to-block-att-t-mobile-merger/">brought against it by the Department of Justice</a>. 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. Public Knowledge and Media Access Project have argued that AT&T will have unfairly exhausted the resources of its competitors by the time it re-files for the merger.
<img src="http://feeds.feedburner.com/~r/TheBoyGeniusReport/~4/Dyl8bzTh6As" height="1" width="1"/>
Via BRG - Boy Genius Report
