@jbtaylor on tech

This afternoon, the FCC announced it would be releasing the agency's report of the results of its investigation into AT&T's bid to takeover T-Mobile.

Sprint's senior vice president for Government Affairs, Vonya McCann, released the following statement to media:

“Today the FCC released the results of its nearly eight month investigation into AT&T's proposed purchase of T-Mobile. FCC Chairman Genachowski and the staff of the Commission have listened to the American consumer. Consumers are best served when competition is allowed to thrive.  At Sprint we share this view and applaud today’s actions by the FCC.

The investigation’s findings are clear: approval of AT&T’s bid for T-Mobile would lead to higher prices for consumers, eliminate jobs, harm competition, and dampen innovation across the wireless industry.

These are the same conclusions which led the U.S. Department of Justice and a bi-partisan group of Attorneys General from seven states and Puerto Rico to sue AT&T, Deutsche Telekom and T-Mobile in Federal Court in an effort to block the transaction.

Most importantly, these are the same conclusions reached by tens of thousands of consumers from across the country who have spoken out overwhelmingly against AT&T’s proposed takeover of T-Mobile.”