The Louisiana Public Service Commission is still gathering public comments on the proposed $39 billion AT&T/T-Mobile deal, but earlier this week Arizona’s public utility approved the merger in that state without a hearing.
In late May the Louisiana PSC announced that it was opening a proceeding to allow the general public to file comments on the proposed buyout of T-Mobile USA by AT&T. The commission did not indicate that it would launch an investigation into the deal, noting instead that the state would make recommendations to federal regulators based on the comments it receives on the deal. The commission could recommend the deal to the FCC and FTC, or indicate opposition to it.
“As the Louisiana PSC conducts its fact gathering, we are also confident they will agree it benefits the public interest, including a significant expansion of mobile broadband across the state, particularly in rural areas,” says AT&T-Louisiana spokeswoman Kim Allen.
“A combined AT&T and T-Mobile will bring our customers a stronger Louisiana network more quickly than either company could alone," Allen adds. She says customers will see significant service improvements as AT&T increases network capacity and coverage as a result of the merger, which Allen contends "will add 55 million customers in small towns and rural areas who today are without our most modern wireless technology."
Read ABiz Publisher Cherry Fisher May's take on how the merger will benefit the state here.
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Lafayette now has inroads to state money for seafood promotions and marketing.
Turning a CornerThe Andrus family’s plan for a physician apartment complex is being favorably received by residents who have waged a long legal battle to keep their neighborhood just that — a neighborhood.
Ruffino's pays $3.3 million for old Cochon location
Ruffino's says the deal came together faster than expected — and about two weeks ahead of the debut of Ruffino's on the River.
Update: PXP creating 600 jobs averaging 100k
The company headed by Lafayette native Jim Flores has already quietly hired 180 people for its Broussard expansion.
2012 was a banner year for Lafayette. Not only did Lafayette retailers reach an all-time high of $5.7 billion in sales in 2012, but Lafayette’s unemployment rate dropped below 4% for the first time since 2009.
A photo recap of recent happenings in the Acadiana business scene, including the INNOV8 Awards, CajunCodeFest, the INDesign Awards luncheon and a groundbreaking ceremony for the expansion of Stella Maris' headquarters on Pont Des Mouton Road.
Coming on the heels of four closures earlier this year, IberiaBank Corp. officials announced plans to eliminate nine additional branches during a late April conference call detailing the bank’s first quarter earnings, which came in far below analysts' expectations.
ABizSUN, MAY 12 9:24AM by Matthew Daly, Associated Press
A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas as energy companies seek permits for proposed export projects that could set off a renewed frenzy of fracking.
Lamar Advertising's first-quarter loss narrowed compared with results a year ago that were weighed down by a hefty loss on debt extinguishment. The latest loss was still larger than analysts expected, however.
Though construction won’t be fully complete for another five weeks, Courtesy Automotive Group’s new Lincoln Dealership on Ambassador Caffery, situated not far from the Vermilion River, has already opened its doors for business.
Is it a crime for citizens to photograph, video, or take notes of a police officer in the line of duty, or a right protected by the First Amendment of the U.S. Constitution? Locally, such activity, as witnessed recently, will at the very least result in a night spent behind bars.
David Calhoun and Elizabeth “EB” Brooks are the first two employees of Lafayette Central Park Inc., the nonprofit charged with turning Lafayette Consolidated Government’s 100-acre Johnston Street Horse Farm property into a passive public park. Calhoun was named executive director, and Brooks is director of planning and design.
Episcopal School of Acadiana’s Dr. Joshua Caffery, chair of the school’s English Department, is headed to Washington, D.C., and the Library of Congress as the latest winner of the Alan Lomax Fellowship in Folklife Studies.