Louisiana Becomes Second State To Approve AT&T/T-Mobile Merger
The Louisiana Publci Service Commission voted to approve the proposed merger between AT&T and T-Mobile USA. Louisiana is the second state to approve the deal joining the Arizona Corporation Commission. While there 3 other reviews still pending these approvals show that states are seeing the benefits to the merger once they look at the facts. The commission in Louisiana could have rejected the filing if they felt that the merger was not in the public interest. Theri approval shows that they do not believe that to be the case. Their report states:
“The Louisiana commission is empowered to reject AT&T’s filing if it is found to be against the public interest, but the staff report argues the deal will result in at least $8 billion in investments, some of which will be in Louisiana, along with increased rural broadband coverage and new jobs in the state, thanks to AT&T’s pledge to deploy next-generation wireless broadband nationwide.