In the wake of withdrawing its application to acquire T-Mobile, AT&T has hit yet another obstacle otherwise known as the FCC. See, before AT&T pulled its application, the FCC had big plans to put the deal before an administrative law judge, effectively prolonging the process and magnifying the details of the merger.
As part of those big plans, the FCC had compiled an 109-page report with their findings during the review process. AT&T had expected this massive report to stay under the rug since it had withdrawn its application, but the FCC feels it "furthers transparency."
And what, might you ask, is in this staff report?
Really, really bad news for AT&T.