FCC To Hold Administrative Hearing For AT&T, T-Mobile Article
Chalk up yet another roadblock for the AT&T takeover of T-Mobile as FCC Chairman Julius Genachowski announces an Administrative hearing regarding the proposed takeover. The move is seen as another setback for the two companies already facing opposition from the Justice Department in the form of antitrust lawsuit resulting in a February 13th trial date. The FCC hearing would occur at the conclusion of the antitrust trial between AT&T and the Department of Justice.
The move adds to the already complex nature of the deal isn’t seen as a death knell for the deal but rather as another obstacle both companies will have to overcome.