Mobile

AT&T Says Its Merger Withdrawal Beat Out FCC to Hearing Vote

Published on November 25, 2011
by Greg Bensinger

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 The carrier announced it had withdrawn its FCC application in the early hours of the Thanksgiving holiday in the U.S.

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