T-Mobile drops opposition to Verizon-cable deal
June 26, 2012
T-Mobile, one of the most outspoken critics of Verizon's proposed deal with a coalition of cable companies, dropped its opposition on June 25 after Verizon agreed to exchange blocks of wireless frequencies with T-Mobile.
Timothy O'Regan, a T-Mobile spokesman, said the company sent a letter to the Federal Communications Commission (FCC) formally withdrawing its previous opposition to Verizon's deal. "Contingent upon regulatory approval of our agreement with Verizon, we believe Verizon’s transaction is in the public interest,” O'Regan said. Public Knowledge, an advocacy group opposed to the Verizon-cable deal, accused Verizon of buying off T-Mobile.
T-Mobile drops opposition to Verizon-cable deal