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AT&T CEO Says Industry Is ‘Stuck’ as Regulators Hinder Deals

AT&T Inc. Chief Executive Officer Randall Stephenson said Washington needs to figure out how to clear a regulatory logjam that’s hampering wireless growth and forcing companies to raise prices.

The industry is waiting for the Federal Communications Commission to decide on Verizon Wireless’s proposed $3.6 billion partnership with cable companies, including Comcast Corp. The review of that agreement, announced in December, is holding up related deals for spectrum by AT&T and others, Stephenson said.