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Rivals seek joint review of AT&T's deals
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NEW YORK (Reuters) - AT&T's (T.N) rivals have asked U.S. regulators to combine a review of AT&T's proposed purchase of T-Mobile USA with their examination of its plan to buy wireless airwaves from Qualcomm Inc (QCOM.O).
The request is the...
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NEW YORK |
Wed Apr 27, 2011 2:49pm EDT
NEW YORK (Reuters) - AT&T's (T.N) rivals have asked U.S. regulators to combine a review of AT&T's proposed purchase of T-Mobile USA with their examination of its plan to buy wireless airwaves from Qualcomm Inc (QCOM.O).
The request is the latest move in efforts by companies such as No. 3 U.S. mobile operator Sprint Nextel (S.N) to derail AT&T's plan to buy the U.S. business of Deutsche Telekom AG (DTEGn.DE) for $39 billion.
AT&T also agreed in December to pay Qualcomm $1.93 billion for airwaves. AT&T filed last week for approval of the T-Mobile USA deal with the Federal Communications Commission.
Rivals including Sprint, Cincinnati Bell (CBB.N), MetroPCS Communications (PCS.N) and Ntelos Holdings (NTLS.O) say the FCC should look at the cumulative impact of both deals to U.S. mobile competition, rather than running separate reviews.
AT&T rejected the notion that the reviews should be combined, noting that its FCC application for the Qualcomm purchase was already 77 days into a 180-day review.
"These are two completely separate proceedings and should remain so," an AT&T spokesperson said in an email.
(Reporting by Sinead Carew; Editing by Tim Dobbyn and Gerald E. McCormick)
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