AT&T Says Its Merger Withdrawal Beat Out FCC to Hearing Vote
AT&T Inc. said it withdrew its application with the Federal Communications Commission for approval of its planned T-Mobile USA takeover before commissioners had the opportunity to vote on a proposal to send the merger to a hearing for approval.
In a statement Friday, AT&T said commissioners won’t be able to vote a proposal announced Tuesday from FCC Chairman Julius Genachowski that the $39 billion merger be sent before an administrative law judge. The carrier announced it had withdrawn its FCC application in the early hours of the Thanksgiving holiday in the U.S.
