Powell Will Step Down From FCC
Jan 21, 2005, 6:00 PM by (staff)
FCC Chairman Michael Powell today announced that he will resign from the position after the Commission's March 10 meeting. Under Powell's pro big business and anti regulation stance, a number of significant wireless mergers, including Cingular's buyout of AT&T Wireless were approved. However despite complaints from carriers, the FCC also mandated Local Number Portability under his term. No replacement has been chosen yet, but analysts believe the FCC will continue its deregulatory course under whomever takes the reins next.
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