CNET.com’s Roger Cheng obviously understands not only mobile technology, but the ripples that should be expected in a changing marketplace.
In his piece, Mr. Cheng cited a study by Deloitte which finds that 4G network deployment through the year 2016 could add from 371,000 to 771,000 jobs. Just as important would be an added $73 billion to $151 billion to the nation’s gross domestic product.
On the surface, investors should be pleased with that report. In addition, job creation, the number one issue among Americans, would get a needed boost.
Merger reviews can turn into barriers to market entry if they do not take into account pro-growth policy and outcomes, and investor interests. With AT&T planning to purchase T-Mobile from Deutsche Telekom, 9.1% national unemployment, and 16% unemployment among African Americans in particular, this analysis should be considered in the FCC’s public interest analysis.
