Planning world domination is a tricky thing. It was tough for Pinky and the Brain. One can only imagine, then, the pressures on AT&T as the company attempts to move full steam ahead with plans to acquire Qualcomm’s 700Mhz spectrum for $1.9 billion while at the same time manage the takeover of T-Mobile. Tough work, indeed.
Now the Federal Communications Commission (FCC) has decided to provide a little help. The government agency plans to examine both bids more closely by consolidating the cases, says ZDNet’s Rachel King. The decision has been met with approval from Wireless Telecommunications Bureau chief Rick Kaplan, who notes that consolidating the cases gives the government the opportunity to assess whether the acquisitions serve the public interest.
Sprint, which could have a lot to lose if both acquisitions pass muster, also agrees with the FCC’s decision. This means, of course, that AT&T is grumbling.
Read more at ZDNet.
