California is challenging AT&T’s bid to buy T-Mobile.
State regulators are raising questions about the proposed 39-billion-dollar acquisition and its effect on consumers and corporate customers. The state’s Public Utilities Commission has held seven public discussions regarding the bid. Commissioner Catherine Sandoval wants to know how the merger will affect rural communities, corporations and how wireless technologies will develop. The public-interest group Consumer Watchdog is urging rejection of the proposed deal, claiming the result will be higher prices.