A PYMNTS Company

US: Outgoing FCC head Genachowski looks back, reaffirms choices made

 |  April 30, 2013

Outgoing chairman of the Federal Communications Commission Julius Genachowski has stated that he has no regrets about blocking the proposed merger between AT&T and T-Mobile, two of the nation’s leading wireless companies. In an interview on Tuesday, Genachowski pointed out that the deal, barred two years ago, would have created a duopoly within the market leaving only Verizon and a reconstituted Ma Bell. Additionally, Genachowski reinforced confidence for the planned spectrum auction, to take place next year, which was initiated with the purpose of encouraging television broadcast companies to sell spectrum to wireless phone companies.

Full Content: National Journal

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.