Friday, March 23, 2012

AT&T Slams FCC Over T-Mobile Lay-Offs

AT&T commented publicly Friday in regards to T-Mobile’s announcement on Thursday to cut as many as 1,900 jobs from its nationwide call centers. AT&T had promised to preserve U.S. call center jobs and even bring others back from overseas if the Federal Communications Commission and the Department of Justice approved its proposed $39 billion acquisition of T-Mobile USA. Ultimately, however, the merger was shot down and now AT&T is saying “we told you so.” The FCC argued that the merger would cost jobs, not preserve them, and that rejecting it would save jobs. Rarely are a regulatory agency's predictive judgments proven so wrong so fast.
Post a Comment