FCC Chair to Put AT&T/T-Mobile Merger on the Grill
Lane Powell Shareholder Craig Bachman was quoted in a November 23 E-Commerce Times article titled “FCC Chair to Put AT&T/T-Mobile Merger on the Grill.” The article discussed the proposed AT&T and T-Mobile merger, which was recently called harmful to consumers by the chairman of the Federal Communications Commission (“FCC”). The merger is also facing a Department of Justice lawsuit (“DoJ”) to block the deal in August. Bachman was quoted regarding the federal opposition of the merger from both the FCC and DoJ.
“The DoJ suit focuses on whether the merger as proposed by the parties is likely to have an adverse effect on competition among cellular service providers. FCC approval is required to transfer operating licenses, and its review focuses on whether individual license transfers are in the public interest,” Craig Bachman, partner at Lane Powell PC, told the E-Commerce Times. …
“Competition in the industry focuses on technology evolution, customer acquisition and customer retention. Revenue-per-user and average margin-per-user have been declining for both companies as users move to integrated devices such as smartphones and therefore use less voice and more data transmission,” said Bachman.