FCC Raises New Hurdle For AT&T's T-Mobile Takeover

Law360, New York (November 22, 2011, 6:59 PM ET) -- AT&T Inc. on Tuesday encountered yet another potential roadblock to its $39 billion bid to acquire rival telecom T-Mobile USA Inc. with the Federal Communications Commission's chairman calling for an administrative hearing to examine the deal.

FCC Chairman Julius Genachowski on Tuesday circulated an order to the other commissioners asking them to designate AT&T's proposed acquisition of T-Mobile for a hearing before an administrative law judge. The request comes as AT&T is in the midst of fighting a U.S. Department of Justice lawsuit attempting to block...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers