California PUC to look into AT&T/T-Mobile deal!

This is awesome news:

In launching the investigation, the CPUC noted that the two companies, through their California subsidiaries, once merged, would have a combined total of approximately 20 million California wireless telephone and data customers, and more than 47 percent of the California wireless market. The proposed merger, if effected, would leave the affiliates of California’s two largest local telephone companies, AT&T California and Verizon California Inc. with more than 77 percent of the California wireless telephone market, including both voice and data. That projected market share would be an increase from the companies combined current market share of 65 percent.

The PUC will also hold hearings and collect comments and decide based on the merits of the deal. Good on you, California–now let’s hope other states follow through.

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