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NHMC Reacts to FCC Resuming Countdown to Decision on AT&T Takeover

Today, the Federal Communications Commission restarted the 180-day, internal “shot clock” on its review of AT&T’s proposed acquisition of T-Mobile.  The FCC stopped the clock after it had been overwhelmed with new evidence submitted by AT&T in a final effort to explain how the transaction would serve the public interest.

“The more AT&T attempts to explain the imaginary benefits of this transaction, the faster it falls apart. This takeover attempt has been exposed in the public forum for what it is: bad for competition, bad for jobs, bad for prices, and great for AT&T. We are pleased that the FCC has restarted the internal clock on its review of this transaction. AT&T has had more than enough chances to substantiate its claims, and it has failed time and time again. I would hope that the recent leaks that have sprung in AT&T’s story have caused supporters to consider abandoning this sinking ship,” states Alex Nogales, President and CEO of the National Hispanic Media Coalition.

Watch a short educational video explaining why AT&T’s takeover of T-Mobile is harmful to Latinos: www.nhmc.org

About NHMC

The National Hispanic Media Coalition, NHMC, is a non-profit, civil rights media advocacy organization created to advance American Latino employment and programming equity throughout the entertainment industry and to advocate for telecommunications policies that benefit the American Latino community. Learn more at www.nhmc.org.

 

Please direct all news media inquiries to:

Rosalia Tenorio, NHMC Director of Communications
O: (626) 792-6462

C: (213) 718-0732
rtenorio@nhmc.org

Posted on: August 29th, 2011
Curation from Tomás
Filed Under: Business News, needs curation, Press Releases
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