toggle

AAPL Stock: 95.6 ( -2.55 )

Printed from http://www.macnn.com

FCC chairman fires back at AT&T over price hike threat

updated 02:23 pm EDT, Tue May 8, 2012

Commission expects competition to thrive

Federal Communications Commission chairman Julius Genachowski has publicly fired back at AT&T over the carrier's latest comments regarding its failed T-Mobile buyout. Speaking at a CTIA keynote, Genachowski suggested the Commission's move should not result in higher prices for consumers. He argues that, to the contrary, blocking the acquisition will help maintain competition and may eventually bring even lower prices.

Despite the rejection of AT&T's proposal, Genachowski argues that the FCC is not completely opposed to any mergers or acquisitions within the industry. He suggests that its position on the massive merger simply proves that "there is a line."

AT&T chairman and CEO Randal Stephenson recently claimed the US cellphone market will be unable to support the number of carriers due to spectrum scarcity, and the FCC's block will eventually lead to higher prices for consumers. The executive suggests AT&T's data prices have already risen by 30 percent since the Commission rejected the acquisition proposal, forcing the company to consider imposing stricter data limits.

The chairman also took time to highlight the Commission's accomplishments, such as licensing white-space spectrum and helping battle phone theft, while noting that the agency is mulling the possibility of sharing government spectrum with public companies in an attempt to bolster consumer networks that are already strained in some places.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Adesso Xtream S3B Bluetooth speaker

Finding a speaker purpose-built for a specific need is challenging. Even when a Bluetooth speaker can be paired with a mobile device, ...

JBL Synchros E40BT headphones

For all the different configurations of headphones on the market, it's always a tough choice for buyers to get something that is just ...

Razer Taipan mouse

The list of gaming devices is growing larger with each passing day. A large number of companies have entered the gaming input arena, a ...

toggle

Most Commented