FCC Chief Glad Sprint Ditching T-Mobile Bid

[cdmagurus.com]

FCC Chairman Tom Wheeler today voiced his approval of Sprint's decision to halt its attempt to acquire T-Mobile. "Four national wireless providers is good for American consumers. Sprint now has an opportunity to focus their efforts on robust competition," said Wheeler in a statement. The FCC and Justice Department have long contended the U.S. market needs four national carriers. Had Sprint acquired or merged with T-Mobile, that number would have been reduced to three. Wheeler's statement sends a clear signal that the FCC likes things the way they are, with AT&T, Sprint, T-Mobile, and Verizon Wireless all competing with one another.


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