Verizon's proposed spectrum deal and joint ventures with several cable companies is a "canary sent into the coal mine" to see if there is any more antitrust "oxygen" left in U.S. regulatory agencies, former Federal Communications commissioner Michael Copps said on Monday.
The bid by Verizon Wireless to buy spectrum and enter into joint marketing agreements with a group of cable firms was bound to spark concern. After all, Verizon is already the nation’s biggest wireless provider. But, so far, critics have yet to reveal a smoking gun that would prompt federal regulators to block the deal outright. As a result, the agreements are likely to get approved, but the government could add conditions aimed at addressing some of the competitive issues.
Critics of Verizon Wireless' proposed acquisition of spectrum from a group of cable companies are launching a new coalition to try to block the deal or at least get the Federal Communications Commission to impose conditions to make it more palatable.
The CEO of Verizon Wireless on Tuesday defended the company's bid to buy spectrum from a group of cable operators, saying his firm has proven to be good steward of the public airwaves.
Federal Communications Commission Chairman Julius Genachowski on Tuesday defended his agency’s review of recent wireless-industry transactions, saying that ensuring competition in the wireless sector does not take away from the agency’s efforts to free up more spectrum to meet the public’s growing demands for mobile technologies.
Deutsche Telekom CEO René Obermann personally pressed Federal Communications Commission Chairman Julius Genachowski to block a spectrum deal between Verizon and cable companies, according to documents filed with the FCC.
With an eye to heading off government regulation, many of the top telecom companies agreed on Thursday to voluntary cybersecurity measures recommended by Federal Communications Commission Chairman Julius Genachowski.
Democrats on a key Senate panel pressed Verizon and Comcast officials Wednesday on whether the spectrum sale and marketing deal they want to enter into will discourage them from actively competing against each other in the future.
Verizon's bid to buy spectrum and enter into marketing agreements with a group of cable companies will get its first public examination before the Senate Judiciary Committee Wednesday afternoon.
AT&T’s top lobbyist said on Tuesday that the United States should take the same approach domestically as it is advocating internationally in calling on other countries to take a hands-off approach to regulating the Internet.
Europe’s economy is in a tailspin and China’s is slowing. Our political system is a mess. Who are voters going to blame if it all goes bad? Not just Obama.