WASHINGTON - Senator Al Franken is urging regulators to reject AT&T Inc.’s proposed $39 billion purchase of T-Mobile USA Inc., saying the deal would raise prices, cost thousands of jobs, and stifle innovation.
“This transaction is not in the public interest,’’ Franken, a Minnesota Democrat, wrote to the Federal Communications Commission and Justice Department.
The merger would combine the second- and fourth-largest carriers to create a new market leader, ahead of number one Verizon Wireless. The FCC and Justice are conducting a review that may extend into 2012.
