toggle

AAPL Stock: 116.47 ( + 0.16 )

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

Plantronics BackBeat Pro Bluetooth headphones

Looking for a pair of headphones that can do everything a user requires is a task that can take some study. Trying to decide on in-ear ...

MaxUpgrades 512GB Retina MacBook Pro SSD

Apple's Retina line of MacBook Pro notebooks have been impressive, right from their debut in 2012. Thinner than the previous model, t ...

Lemur BlueDriver

"Oh no, the check engine light is on…again! What one of the hundreds of reasons could it be this time? Probably going to cost a for ...

toggle

Most Commented