Justice Dept. Stalls Verizon Deal Over Competition Concerns
The Department of Justice is delaying Verizon's attempt to purchase 122 AWS spectrum licenses from several cable companies due to concerns about anti-competitive behavior. The Wall Street Journal, citing sources familiar with the Justice Department's plans, reports that the government agency is specifically concerned with the cross-promotion aspect of the deal related to their wired broadband and television services. The Justice Department feels this arrangement is essentially an agreement between the organizations involved to not compete with one another, which could impact what services are available to consumers and how much they cost. The Journal's sources say the Justice Department has made it clear to Verizon and its cable company partners that it won't approve the deal until changes are made to this portion of the agreement. The Federal Communications Commission is prepared to approve the deal after Verizon Wireless agreed to divest some spectrum holdings if the deal goes through.
FCC and Justice Dept. Likely to Approve AT&T-DirecTV Deal
The FCC and Department of Justice are wrapping up their review of AT&T's proposed $49 billion acquisition of DirecTV and don't have any real concerns, according to people familiar with the matter. The agencies may still impose conditions on the deal, but aren't likely to block it, says the Wall Street Journal.
Justice Dept. Suggests FCC Limit AT&T, Verizon Auction Participation
Officials at the Justice Department are concerned AT&T and Verizon will dominate the upcoming 600MHz auction if more protections aren't put in place by the FCC. The agency filed a letter with the FCC this week suggesting the FCC give more weight to the concerns of companies such as Sprint and T-Mobile, which seek to limit AT&T and Verizon's participation.
DirecTV Shareholders Approve AT&T Merger
DirecTV's shareholders today voted overwhelmingly in favor of merging with AT&T. The vote of confidence from DirecTV's shareholders is just one of several the deal faces.
Justice Department to Reveal More About Dirtboxes
Government officials at the U.S. Department of Justice have agreed provide more information about how law enforcement uses dirtboxes to collect location data on cell phones.
Maybe the DOJ and the FCC should do more
The best investment a company can ever make, is buying politicians - so that they then can go unchecked and unregulated.
Now, because of that, they're doi...
Tower costs, from start to finish can exceed $500,000 per tower.
Operating costs are not cheap.
How do you propose that the carriers remain financially viable while giving away free ...