So Cali may throw its wrench in. Didn't think they could overrule the FTC?
The California Public Utilities Commission (CPUC) hasn't launched a full-blown probe of AT&T's proposed acquisition of T-Mobile yet, but it's moving in that direction. On Thursday, following a request by staff for some kind of action on the matter, the CPUC ordered the preparation of a document that could open a merger proceeding. The document will be considered by California on June 9.
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California regulators may scrutinize AT&T/T-Mobile merger
The California Public Utilities Commission (CPUC) hasn't launched a full-blown probe of AT&T's proposed acquisition of T-Mobile yet, but it's moving in that direction. On Thursday, following a request by staff for some kind of action on the matter, the CPUC ordered the preparation of a document that could open a merger proceeding. The document will be considered by California on June 9.
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