FCC Approves T-Mobile, MetroPCS Deal
Argues Deal Will Help, Not Hurt, Wireless Competition
The FCC today announced they would unsurprisingly be approving T-Mobile's acquisition of MetroPCS. The agency argued that T-Mobile, though only the nation's fourth-largest carrier, has traditionally been a disruptive player and even combined with MetroPCS "would have an economic incentive to continue to play this role. The freshly-fused company would likely not have "the ability to unilaterally raise price or otherwise harm competition at the national level," according to an agency that blocked AT&T's attempted acquisition of T-Mobile for just those reasons. In a statement
, FCC boss Julius Genachowski stated that the deal would help shift the market "toward robust competition and revitalized competitors."
Re: Double standard? AT&T have 107 million subscribers
Verizon have 98.2 million
Sprint have 55.6 million
T-mobile have 34 million
Metro PCS have 9.5 million
This is nothing like AT&T and T-mobile merging. Even T-mobile and Sprint merging wouldn't be the size of Verizon.
San Diego, CA
| |said by wifi4milez:Two completely different companies. One is a small regional provider and the other is well, t-mobile. Metropcs needed a merger or something to compete with the big players. It had to happen. Even u.s. cellular is getting out of the business (or so it appears, calling it quits and selling off a chunk of the midwest and chicago to sprint).
Karl, why is this announcement "unsurprising"? You are many of the other people on this site were crying up an uncompetitive storm during the proposed then failed ATT/Tmobile venture. If anything I would have thought you would tout this as some sort of Obama themed miracle of democracy.....
My feeling is that if they denied the ATT/Tmobile merger, then this one should also be denied. Now, I didnt personally think the ATT/Tmobile merger should be denied (although I didnt WANT it to happen), but consistency is usually a good practice when it comes to government.
(Oh and i always take articles here with a grain of salt. The bias in articles is extreme and not needed a lot of times.)
The day the child realizes that all adults are imperfect, he becomes an adolescent; the day he forgives them, he becomes an adult. The day he forgives himself, he becomes wise.