AT&T and Verizon turn to regulators to fend off T-Mobile - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

AT&T and Verizon filed complaints with the FCC alleging that T-Mobile's spectrum holdings violate the screen rule—but the FCC likely won't intervene

that the screen rule is supposed to be applied only when a company would hurt competition by further aggregating spectrum.

In this case, T-Mobile would likely benefit consumers by using its spectrum holdings to challenge the dominant positions AT&T and Verizon have enjoyed in the US wireless industry for decades. On T-Mobile's Q2 earnings call, CEO Mike Seivert the company's mid-band spectrum as integral to challenging Verizon and AT&T, noting, "It would be crazy not to leverage that capacity advantage to compete hard and grow top-line revenues through competition.

FCC Chairman Ajit Pai would have a hard time justifying the application of the screen rule on the grounds of fair competition, particularly considering that AT&T and Verizon held a dominant market position relative to T-Mobile and Sprint during previous spectrum auctions, and therefore were in a position to amass more mid-band spectrum.

The simple explanation for the current predicament is that AT&T and Verizon didn't prioritize mid-band spectrum as much as T-Mobile and Sprint—AT&T, for instance, spent $81 billion in 2018 to

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is it not the same thing AT&T and Verizon did to T- mobile at their onset? What goes around comes around.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Limited-time offer: Business Insider subscription with Brex card - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Who TF would want a business insider subscription Why don't I get this with my AMEX platinum?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Read Brookfield Properties' memo on laying off 20% of retail employees - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Carnival cruise lines reportedly lays off thousands of crew members - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Suraaaaaaaaammmmm That fleet can be used in emergency situations: after hurricane, wildfire and other disasters to house homeless Americans. It can transport needed supplies and first responders. So sorry for all these people
Source: BusinessInsider - 🏆 729. / 51 Read more »

Tech stock sell-off: Single-day outflows for QQQ the most since 2000 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $1000, i can guarantee $9,500 as profits after 5 days of investment. Inbox me if interested.
Source: BusinessInsider - 🏆 729. / 51 Read more »