AT&T and T-Mobile merger hits another roadblock
AT&T has not gotten very far with its acquisition of T-Mobile. On top of lawsuits from other carriers, AT&T has faced the DOJ about the acquisition, as well. All of these entities have one issue with the merger, and that's the fact that since competition will go down and AT&T-Mobile will create the largest carrier in the nation, smaller carriers will lose subscribers and customers will be forced to pay even higher prices.
This time around, things are just getting even worse for AT&T. FCC Chairman Julius Genachowski today requested and started an administrative hearing to discuss the acquisition. Administrative hearings are actually rarely requested by the FCC, so even just by having one called, you can probably see that it's not getting any better for AT&T.
The hearing is over now, but the main point of it was that the FCC will give AT&T and whoever has sued the carrier one last chance to tell each side. After that, the FCC will make a decision on whether or not the trials for the merger will continue.
I hope, for the love of all people with a cell phone, that the FCC blocks the merger. I can't stand the thought of one, monopolistic GSM carrier in the States.
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