Sunday, April 3, 2011

FCC Commissioner: T-Mobile buyout is "paradigm-altering"

Everyone has an opinion about AT&T's $39 billion buyout of T-Mobile. FCC Commissioner Michael Copps calls it "a huge transaction. It’s a paradigm-altering transaction, as far as the world of wireless goes." A pair of Stanford economists suggest that the "anticompetitive effects appear to be plausible." And small wireless operator MetroPCS thinks the deal will be good for its business—but only because AT&T could take T-Mobile's cheap voice and data plans off the table.

The FCC and the Department of Justice will both vet the deal over the next year, and Copps made it clear that it's going to be a hard sell for him.

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Christina DaRe Malin Akerman Melissa Joan Hart Bianca Kajlich Giulianna Ramirez

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