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Edition: U.S. Article Comments (0) Technology Publisher bets the ranch on apps Lawmaker concerned over mobile megamerger Google foe won't take "no" on Buzz cash No mobile calls on London "Tube" by Olympics @BronxZooCobra's wanderings hissstory Follow Reuters Analyst Research Report Title Price ValuEngine Detailed Valuation Report for T Provider: ValuEngine, Inc. $25.0 Buy AT T INC (T=US) 2-weeks forecast Provider: Pechala's Reports $10.0 Buy AT T INC (T=US) 12-months forecast Provider: Pechala's Reports $15.0 Buy AT&T Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis. Provider: Reuters Investment Profile $10.0 Buy Market Edge Equity Research Report Provider: Market Edge $10.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. Lawmaker has concerns over mobile megamerger Tweet Share this By Jasmin Melvin WASHINGTON (Reuters) - A U.S. lawmaker with oversight of technology expressed concern that AT&T Inc's plans to take over T-Mobile USA would stifle innovation in the wireless market. Representative Greg Walden, chairman of the... Email Print Related News FCC's Copps not pleased with AT&T bid for T-Mobile Thu, Mar 31 2011 AT&T Chief disputes higher prices after T-Mobile deal Wed, Mar 30 2011 NY AG to review AT&T purchase of T-Mobile Tue, Mar 29 2011 UPDATE 4-NY AG to review AT&T purchase of T-Mobile Tue, Mar 29 2011 Sprint blasts AT&T's bid to buy T-Mobile USA Mon, Mar 28 2011 Analysis & Opinion Broadcasting to China goes quiet Washington Extra – Fed speak Related Topics Politics » Technology » Media » Stocks Head of the Republican House majority transition committee Greg Walden speaks during a meeting with members of his team in the Capitol November 9, 2010. From left are Tim Scott (R-SC), Walden, Jason Chaffetz (R-UT) and Adam Kinzinger (R-IL). Credit: Reuters/Kevin Lamarque By Jasmin Melvin WASHINGTON | Fri Apr 1, 2011 1:15pm EDT WASHINGTON (Reuters) - A U.S. lawmaker with oversight of technology expressed concern that AT&T Inc's plans to take over T-Mobile USA would stifle innovation in the wireless market. Representative Greg Walden, chairman of the House subcommittee on communications and technology, said he did not want to see a merger diminish the vibrant and competitive nature of wireless. AT&T's $39 billion bid to buy Deutsche Telekom AG's T-Mobile USA would concentrate 80 percent of U.S. wireless contract customers in just two companies -- AT&T/T-Mobile and Verizon Wireless, a joint venture of Verizon Communications and Vodafone Group Plc. AT&T, currently the No. 2 U.S. mobile carrier behind Verizon, has said the merger will spur innovation and economic growth by improving quality and expanding wireless service to 95 percent of Americans. But Walden expressed concern about eliminating a national carrier. "It seems to me if there are fewer and fewer players in a market, there's less and less opportunity for that creative innovation and invention that has occurred so far in the wireless market," he said at an event sponsored by news service Politico Pro. The merger needs the approval of the U.S. Federal Communications Commission and the Justice Department and the process is expected to take at least a year. Walden has no direct input into those reviews but his subcommittee has oversight of the FCC, and he did not rule out hearings on the merger proposal. He said his panel would be very critical of the FCC's merger review process, checking for potential abuses of power. Walden criticized agencies that use their authority over mergers to "extort policy changes." Congress may have to step in, Walden said, with tighter definitions on agencies' authority over mergers. "The FCC needs to look in the mirror on this one because we're going to come at them very strongly, very forcefully," he added. SPECTRUM AT&T could face a tough battle at the FCC. FCC Commissioner Michael Copps said at the onset of the Comcast-NBCU merger that it would be a tough sell. That transaction won a majority of the FCC members' approval, but Copps voted against it. 1 2 Next Politics Technology Media Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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