FCC to Link Review of 2 AT&T Deals
Regulators stop just shy of combining review
AT&T was dealt a bureaucratic curveball late Monday by the Federal Communications Commission which decided to coordinate its review of AT&T's controversial $39 billion bid for T-Mobile with its proposed purchase of beachfront wireless spectrum from Qualcomm.
The FCC also stopped the shot clock on its review of the $1.9 billion Qualcomm deal, which yesterday hit the regulator's 180-day time limit for merger reviews.
Public interest groups and AT&T's competitors requested the FCC combine the two reviews, arguing that together the two AT&T acquisitions give the company too much control over the wireless industry.
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