February 24, 2012

T-Mobile asks FCC to halt Verizon's bid for cable deal - USATODAY.com

NEW YORK — NEW YORK T-Mobile USA, which just had its acquisition by AT&T blocked by regulators, is urging the federal government to block another deal in the wireless world: Verizon's planned purchase of spectrum from cable companies for $3.9billion.

In a filing late Tuesday, T-Mobile USA said the Federal Communications Commission should stop the deal between Verizon Wireless, Comcast Corp., Time Warner Cable Inc., Bright House Networks and Cox Communications because it would place an "excessive concentration" of wireless spectrum in Verizon's hands.

With more wireless spectrum, a phone company can raise download speeds and serve more data-hungry devices like smartphones and laptops with cellular broadband.

Verizon Wireless, the country's No. 1 cellphone company, already has a relatively large amount of spectrum, while T-Mobile, the No. 4, does not.

MetroPCS Communications Inc., the fifth-largest cellphone company, also urged the FCC to block the deal. It said the parties had not provided enough information to prove that the acquisition was in the public interest.

Ten public-interest groups filed their own motions to block the deal on Tuesday, ahead of a filing deadline on Wednesday.

by Associated Press Feb 23, 2012


T-Mobile asks FCC to halt Verizon's bid for cable deal - USATODAY.com

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