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Thread: FCC: AT&T failed to address how proposed T-Mobile merger will add jobs

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    FCC: AT&T failed to address how proposed T-Mobile merger will add jobs

    They ain't goin for it!

    Rick Kaplan, chief of the Federal Communication Commission’s Wireless Telecommunications Bureau, sent a letter to AT&T on Thursday asking the carrier to clarify just how the proposed merger with T-Mobile USA will add jobs in the United States. “Our review of the information currently in our record suggests that AT&T’s responses on this issue remain incomplete,” Kaplan said. The FCC is giving AT&T until October 31st to address fully “all plans, analyses and reports discussing the creation or loss of jobs” if the merger is approved. AT&T must also disclose how many T-Mobile USA jobs will be eliminated and show how the merger will affect employment inside and outside of the United States during the next five years. AT&T CEO Randall L. Stephenson argued earlier this year that the proposed merger would be a “net job grower” in the United States. On August 31st, AT&T promised to bring 5,000 jobs back to the United States if the merger is approved, which was the same day the U.S. government filed a lawsuit in opposition of the deal. Read [PDF]
    http://www.bgr.com/2011/10/13/fcc-at...Genius+Report)

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    Whether a merger creates or eliminates jobs is not within the purview of the Federal Communications Commission's regulatory authority. They should be solely cnocerned whether a merger promotes efficient utilization of spectrum.
    Last edited by efparri; 10-13-2011 at 10:44 PM.
    Earl F. Parrish

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    Quote Originally Posted by efparri View Post
    Whether a merger creates or eliminates jobs is not within the purview of the Federal Communications Commission's regulatory authority. They should be solely cocerned whether a merger promotes efficient utilization of spectrum.
    I completely agree. That is up to the DOJ to decide.

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    The Department of Justice only has antitrust jurisdiction over mergers.

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    Quote Originally Posted by efparri View Post
    Whether a merger creates or eliminates jobs is not within the purview of the Federal Communications Commission's regulatory authority. They should be solely cocerned whether a merger promotes efficient utilization of spectrum.
    Absolutely not. In that case AT&T should actually start deploying all available spectrum already but that hasn't been a case for the past few years.
    On top of all that, AT&T's biggest reason for $39 BILLION merger (besides the spectrum) was job creation, and they've failed to show us how they plan to do that. It's hard to argue that jobs will most likely be lost not generated.
    Verizon Wireless 20Mhz FDD LTE

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    Quote Originally Posted by milan03 View Post
    Absolutely not. In that case AT&T should actually start deploying all available spectrum already but that hasn't been a case for the past few years.
    On top of all that, AT&T's biggest reason for $39 BILLION merger (besides the spectrum) was job creation, and they've failed to show us how they plan to do that. It's hard to argue that jobs will most likely be lost not generated.
    Like it was previously stated, it's not for the FCC to investigate. Sounds like a case of grandstanding to me. Must be getting close to approval...

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    BLOCK
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    ok
    Bye!

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    Quote Originally Posted by werinshades View Post
    Like it was previously stated, it's not for the FCC to investigate. Sounds like a case of grandstanding to me. Must be getting close to approval...
    Exactly. The whole mess is still 50/50 and the pendulum could still swing either way. But at this point I still think it stands a good chance of going through.

    Quote Originally Posted by Kies View Post
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    Sums it up. lol

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    The fact that they aren't questioning AT&T's blatant half truths and flat out lies about rural coverage and everything else surrounding the acquisition is upsetting to say the least.

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    Quote Originally Posted by Kies View Post
    The fact that they aren't questioning AT&T's blatant half truths and flat out lies about rural coverage and everything else surrounding the acquisition is upsetting to say the least.
    Well, these is a bill that may change that.

    The Next Generation Wireless Disclosure Act would require wireless companies to disclose the details listed below in their marketing and advertising at the point of sale and in all billing materials.
    • Guaranteed minimum data speed
    • Network reliability
    • Coverage area maps
    • Pricing
    • Technology used to provide 4G service
    • Network conditions that can impact the speed of applications and services used on the network
    The legislation will further require the Federal Communications Commission (FCC) to evaluate the speed and price of 4G wireless data service provided by the top ten U.S. wireless carriers. This will provide consumers with access to a side-by-side comparison in their service area. For full background on Rep. Eshoo’s Next Generation Wireless Disclosure Act (H.R. 2281), please click here. Rep. Eshoo’s legislation has been endorsed by several groups, including the Consumers Union, the National Consumers League, New America Foundation, the Media Access Project and Public Knowledge. A copy of the bill can be accessed here.
    http://www.bgr.com/2011/10/13/senato...nius+Report%29
    Today a group of leading venture capitalists published an open letter to the FCC calling on them to prevent what they say would be the end of net neutrality and a crippling blow to young startups.
    No Google, say it ain't (or wouldn't of been ) so! ATT and Verizon would have killed their own cash cow.

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    Yawn..... All formalities. The merger will take place, it's just a matter of time before kles explodes.
    Hartford, CT Area

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    Quote Originally Posted by DRC72 View Post
    Yawn..... All formalities. The merger will take place, it's just a matter of time before kles explodes.
    Well, ya never know, I think the government has a very good case, and I want the right thing to be done, not the most profitable thing.

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    Quote Originally Posted by ilvla2 View Post
    Well, ya never know, I think the government has a very good case, and I want the right thing to be done, not the most profitable thing.
    AT&T has very deep pockets, and I'm sure their very buddy buddy with a few senators and congressman. Need I say more?

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    This is going to get done and nothing good is going to come out of it.

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    Quote Originally Posted by AnthroMatt View Post
    I completely agree. That is up to the DOJ to decide.
    Wrong, the DOJ is not even concerned about whether a merger/buyout creates or destroys jobs. It is only concerned about how it affects competition in the marketplace. And as you mention, the FCC is in general only concerned about usage of spectrum (and, to some extent, preventing one company from accumulating too much of it, e.g. can't have both 850 MHz bands in the same market).

    Which begs the question: why in the hell is AT&T bringing up the jobs issue, if neither regulatory agency in charge of approving or denying this buyout takes into account the jobs created or destroyed? Hmm...

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