Deals
AT&T Says FCC Misinterprets Market Analysis on T-Mobile Bid
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AT&T Inc. said the Federal Communications Commission misinterprets market analysis and “cherry-picks facts” in concluding that the company’s bid for T-Mobile USA Inc. fails to serve the public interest.
The agency erroneously determined in a Nov. 29 report that the $39 billion purchase of T-Mobile would cause significant job losses and that AT&T would probably build high-speed wireless Internet connections without the merger, Jim Cicconi, AT&T’s senior executive vice president-external and legislative affairs, said in a statement today.