Chairman Upton: AT&T-T-Mobile Not on Short-Term Agenda
March 31, 2011
"It's not on our short-term agenda," said House Commerce Committee Chairman Fred Upton (R-MI) of the proposed purchase of T-Mobile by AT&T.
He said given the recent history of big mergers, it will likely take the Justice Department and Federal Communications Commission a year or more to decide whether to approve the deal between the second and fourth largest wireless firms. While declining to give a date, Chairman Upton said he expects the committee will hold a hearing later this year to "walk through" the issues related to the merger.
Chairman Upton: AT&T-T-Mobile Not on Short-Term Agenda