AT&T Must Prove Need For $39B T-Mobile Takeover: FCC

Law360, New York (August 24, 2011, 8:58 PM EDT) -- The Federal Communications Commission on Wednesday asked AT&T Inc. for documents supporting its arguments for its $39 billion T-Mobile USA Inc. takeover, following a revelation that the telecom giant could bring wireless broadband coverage to most Americans at a fraction of the buyout's cost.

In a letter from Renata Hesse, an FCC attorney overseeing the commission's merger review, the agency sought information regarding AT&T's argument that picking up T-Mobile would allow the current No. 2 wireless provider to extend mobile broadband coverage to 97 percent of...
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