FCC Commissioner not happy with potential AT&T/T-Mobile dealAlex Wagner - Senior News Editor
Time to add another person to the list of parties that aren't entirely thrilled with AT&T's proposed acquisition of T-Mobile. Today we've got FCC Commissioner Michael Copps voicing his displeasure, who revealed in an interview with C-SPAN that he's concerned with the amount of control a combined AT&T-Mobile would have if the deal does go through. Copps said that he believes that the acquisition "may be an even steeper climb" than the Comcast-NBC Universal deal, which he voted against. If ATT does get a majority of the FCC's support, though, Copps thinks that there will need to be market-by-market divestitures as well as a "requirement to preserve the openness of the Internet."
Although the opposition to AT&T/T-Mobile deal just keeps growing, ATT is unsurprisingly confident that it'll still get approved by all of the necessary regulatory bodies. We've still got around a year before the acquisition will be approved or killed, though, so expect more opponents of the deal to appear. Still, ATT realizes that it'll have to make some concessions to get it done, so it'll be interesting to see how much they're willing to give up to avoid paying T-Mo $3 billion.
Via TmoNews, Reuters