CTIA 2012
We're on the ground in New Orleans for CTIA Wireless 2012, the largest cell phone event in North America. Tune in here all week for full coverage.
FCC Chair Fires Back at AT&T CEO Over Pricing
Federal Communications Commission chairman Julius Genachowski rejected the idea that the blocked T-Mobile USA acquisition will lead to higher pricers for consumers. AT&T CEO Randall Stephenson recently said that consumers will face higher prices now that the deal has been blocked. Speaking to attendees at the CTIA Wireless trade show, however, Genachowski said that by blocking the deal the wireless industry should see more competition, which should in turn lead to lower costs for consumers. Genachowski said that the FCC is not opposed to mergers, acquisitions, and consolidation, but said that AT&T's attempt to purchase T-Mobile USA crossed the line.
