With any other company, in any other merger, the action the Federal Communications Commission (FCC) announced on Tuesday would be the signal that a deal is dead. But when one of the parties involved is AT&T, the rules don't apply.
To recap, on Nov. 22, the FCC announced that Chairman Julius Genachowski was going to ask the other commissioners to designate AT&T's takeover of T-Mobile for an administrative hearing. Sounds boring, no? Just some bureaucratic mumbo-jumbo, right? Yes, it is boring sounding. Yes, it is some bureaucratic mumbo-jumbo. And that's the point.
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With any other company, in any other merger, the action the Federal Communications Commission (FCC) announced on Tuesday would be the signal that a deal is dead. But when one of the parties involved is AT&T, the rules don't apply.
To recap, on Nov. 22, the FCC announced that Chairman Julius Genachowski was going to ask the other commissioners to designate AT&T's takeover of T-Mobile for an administrative hearing. Sounds boring, no? Just some bureaucratic mumbo-jumbo, right? Yes, it is boring sounding. Yes, it is some bureaucratic mumbo-jumbo. And that's the point.
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With any other company, in any other merger, the action the Federal Communications Commission (FCC) announced on Tuesday would be the signal that a deal is dead. But when one of the parties involved is AT&T, the rules don't apply.
To recap, on Nov. 22, the FCC announced that Chairman Julius Genachowski was going to ask the other commissioners to designate AT&T's takeover of T-Mobile for an administrative hearing. Sounds boring, no? Just some bureaucratic mumbo-jumbo, right? Yes, it is boring sounding. Yes, it is some bureaucratic mumbo-jumbo. And that's the point.
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With any other company, in any other merger, the action the Federal Communications Commission (FCC) announced on Tuesday would be the signal that a deal is dead. But when one of the parties involved is AT&T, the rules don't apply.
To recap, on Nov. 22, the FCC announced that Chairman Julius Genachowski was going to ask the other commissioners to designate AT&T's takeover of T-Mobile for an administrative hearing. Sounds boring, no? Just some bureaucratic mumbo-jumbo, right? Yes, it is boring sounding. Yes, it is some bureaucratic mumbo-jumbo. And that's the point.
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