Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

AT&T's T-Mobile deal could be affected by election

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Editorials & Other Articles Donate to DU
 
cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 10:41 PM
Original message
AT&T's T-Mobile deal could be affected by election
http://ca.reuters.com/article/businessNews/idCATRE7AS08320111129

The chances of an AT&T-T-Mobile merger grow dimmer by the day, but there may yet be hope on the horizon for the telecommunications giants -- next year's election.

The telecom industry has benefited from a change in administration before: In the 1990s, the Federal Communications Commission opposed SBC's acquisition of AT&T during a Democratic administration, only to later approve it under a Republication administration.

(snip)
If Barack Obama loses to a Republican, who would then make new appointments, rest assured the regulatory environment will become more favorable.

"If the Republicans win, there is a new FCC and a Republican administration will be a lot more positive toward this merger than a democratic one," said longtime telecom analyst Roger Entner, founder of Recon Analytics.
Refresh | +3 Recommendations Printer Friendly | Permalink | Reply | Top
Sherman A1 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-29-11 03:53 AM
Response to Original message
1. Hardly a surprise
WIthout any doubt they will hope for a GOP win in November. In the mean time I suspect they will look to tweak the deal in order to get approval. AT&T really doesn't want to payout that $4 BN, but I for one hopes that this deal never goes through.
Printer Friendly | Permalink | Reply | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Dec 26th 2024, 08:21 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Editorials & Other Articles Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC