FCC chairman says his agency won't review AT&T's Time Warner purchase

FCC chairman says his agency won't review AT&T's Time Warner purchaseā€

Separately this week at Mobile World Congress, Pai indicated there's "no current reason" for the Commission to review AT&T and Time Warner's proposed merger since no spectrum licenses will be transferred.

"My understanding is that the deal won't be presented to the commission", Pai told the Journal.

Time Warner (TWX) shares rose 1%.

As of now, the Justice Department is reviewing the merger closely.

More news: El Salvador outraged by brutal killing of hippo Gustavito

Regardless of interagency disagreement about the impact of the move, it was expected as the commission leadership shift after President Donald Trump's election had already indicated rolling back a number of regulations put into place previous year when the agency was led by Tom Wheeler.

"I don't want to comment on any specific deal, but I do believe there has to be competition in the marketplace and maybe even more so with the media because it would be awfully bad after years if we ended up having one voice out there", Trump said Monday in an interview with the alt-right website Breitbart News, once presided over by his chief strategist Stephen Bannon.

But AT&T has maintained that it is optimistic the deal will survive government review. "It is the very limited role of looking at the papers that are in front of me and rendering a decision based on the facts and the law, because once I stray from that mission, then I become nothing more than a political actor as well, and I take my role seriously as defending the public interest and not the particular private interests of any company or person". The Office of Management and Budget found that under the new transparency rules, it would take each broadband provider 6.8 hours annually to adhere to the reporting requirements, according to Clyburn. The DOJ, on the other hand, has to actually prove the deal is anti-competitive, which is a taller order. There will not be a filing with the FCC.

The rules require broadband providers such as AT&T Inc., Charter Communications Inc. and Comcast get customer permission before using or sharing sensitive personal data.

More news: World's most threatening superbugs ranked in new list

Under the purview of the FCC, Time Warner only has WPCH-TV, a broadcast station, and a few smaller licenses, Reuters reported.

He warned, however, that "it's not a forgone conclusion that we will fully realize this technological potential".

Pai seems to be satisfied with this, and is signaling that his agency will not try and step in.

"I think we're excited only because we have a person that finally values broadcasting as part of an overall media mix, and he knows the issues", Donovan said. AT&T noted DirecTV Now as an example of that, but promised there is more to come in terms of innovation and experimentation for video services.

More news: Norwegian Air announces $65 flights to Ireland, Scotland

Like this


01 March 2017
Google unveils YouTube TV, a web television service that targets younger consumers
The $35 price includes six accounts, so that each user receives a personalized account and recommendations. Hulu is supposed to come out with its live streaming service shortly as well.

28 February 2017
Kim Jong Un in town? Police say to ignore viral message
She had been wearing a distinctive white "LOL" shirt. "She studied at the Pyongyang Music and Dance University", said the source. The tasteless and odourless liquid is deadly if inhaled and it takes only 10 milligrams to be fatal through skin contact.

28 February 2017
Joakim Noah to undergo season-ending knee surgery
Noah's season has been defined in large part by various injuries, as he's also dealt with shoulder and hamstring issues. This is just the latest setback in what has been an injury-riddled first season in NY for Noah .

28 February 2017
Raptors' loss of Lowry opens door for Wizards
This injury could potentially be devastating for a Raptors team hoping to remain a legitimate contender in the Eastern Conference. Lowry, in his 11th season, is averaging a career-high 22.8 points per game to go with 6.9 assists and 4.7 rebounds a game.

28 February 2017
Iraqi forces aim to secure Mosul bridge, link up to east bank
Al Qaeda claimed responsibility for the attacks, some of which were carried out by suicide bombers. Moments later, Rapid Response fighters helped two wounded comrades back to the rear for treatment.

27 February 2017
Judge Joseph Wapner, Star Of 'The People's Court,' Dies At 97
According to Judge Joseph Wapner's son, David Wapner, the famous judge died peacefully at home and in his sleep. After his run on The People's Court ended, Judge Wapner wrote two books and made a few guest appearances.

27 February 2017
Now Warner Bros. Is Making A NIGHTWING Movie
The new Lego Batman Movie has come under fire from Catholic evangelists who have slammed the film as "pro-gay propaganda". This is also what sets " The LEGO Batman Movie " apart from being simply a children's film.

25 February 2017
Cats do not cause mental health problems, study says
House cats are recognized as the principal host of T. gondii , which infects numerous warm-blooded animals, including humans. Gondii and mental health, it can still cause other serious problems during pregnancy or in early childhood.

25 February 2017
Producer Simon Kinberg on Plans for a 'Fantastic Four' Sequel
That left the forthcoming Gambit movie to act as the first real attempt to build an X-Men Cinematic Universe. All the project seemed to need was a director and writer/producer Simon Kinberg came in as a flawless fit.

24 February 2017
Manny Pacquiao announces he is in negotiations with Amir Khan
It comes two days after Bob Arum , Pacquiao's promoter at Top Rank, vehemently rejected reports that his client would fight Khan. The 38-year-old tweeted: "My team and I are in negotiations with Amir Khan for our next fight.