FCC Report on Wireless Market Offers Few Clues on AT&T Bid for T-Mobile
Federal telecommunications regulators took a neutral position on whether the wireless industry is competitive in a new report on the mobile market released Monday, but offered few clues as to how it might rule on AT&T Inc.’s bid to acquire T-Mobile USA.
The Federal Communications Commission found for the second straight year that the wireless phone market has grown more concentrated over the years.
The FCC stayed neutral on whether the industry is competitive. Before 2010, the FCC found that the wireless phone market was “effectively competitive” for several years.