FCC Chief puts the kibosh on AT&T/T-Mobile merger

Earns AT&T

AT&T will have less of a monopoly now.

FCC chairman, Julius Genachowski, issued a draft statement yesterday lashing out against AT&T’s proposed acquisition of T-Mobile, calling its concentration of the wireless market contrary to the public interest. He’s also requested an administrative hearing, placing the onus on AT&T to prove the deal benign to wireless consumers…

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