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.
Louisiana's decision to open comments came after Sprint petitioned state officials to investigate the merger, Wireless Week reported in May.
Read more about Arizona's nod to the deal here.
"Although the administration is moving forward with climate change regulations at home, we don't consider how policy decisions in the United States impact greenhouse gas emissions in other parts of the world," says Roger Martella, the former general counsel at the Environmental Protection Agency under President George W. Bush.
Louisiana agriculture officials say prices for long-grain rice are projected to drop this year.
First-time claims for unemployment insurance in Louisiana for the week ending July 19 decreased from the previous week's total.
A judge is getting ready to set a new trial date for a former BP executive charged with obstructing a congressional investigation into the 2010 Gulf of Mexico oil spill.
Midsouth Bank has released its second quarter earnings report, showing a year-over-year increase for shareholders.
The parent of Investar Bank says its second-quarter earnings fell to $1.1 million or 26 cents a share from $1.7 million of 44 cents a share in the same period a year ago.
1,554 rigs were exploring for oil and 315 for gas. Two were listed as miscellaneous. A year ago there were 1,770 active rigs.
Most personal auto insurance policies exclude coverage when people charge money to drive others in their personal vehicles.
Louisiana's 21 casinos took in $203.5 million statewide in June, edging up one-half of a percentage point from a year earlier.
Business First Bank has announced plans for a Baton Rouge market expansion through a merger deal with American Gateway Financial Corp.
Mellow Mushroom Pizza Bakers opens on Johnston.
Acadiana's Top 50 Private Companies
It would be an understatement to say Schumacher Group had a challenging year in 2013.
Hampton Toyota has been serving Acadiana as the premier Toyota dealership for more than 10 years. And now, the glossy Johnston Street dealership is looking forward to a makeover.
Even when Floyd Degueyter is on “vacation” he’s hard at work.
As the second largest metal heat treating company in the country, Analytic Stress Relieving Inc. has grown by leaps and bounds since its inception in 1979.
When the Prohibition era came to an end in 1933, Joseph R. Streva saw an opportunity to make a little extra money to supplement his day job.
When a hurricane hits, Brent Mouton doesn’t run. The convenience store chain owner is proof that the challenges of mother nature can almost break a business, but Mouton learned to grow out of temporary closure from near devastation in 2002 and of lost potential revenue.
By launching a Super PAC to end all Super PACs, our Top 50 keynote speaker hopes to change the game in Washington.
Oil Center-based private facility extends its offerings with special events venue in failed women’s store.
One year later, is his expansion plan paying off?
Newspaper industry insiders question John Georges’ expansion plan.
How the U.S. has gotten itself into another fine mess
The Heymann Center was transformed into a culinary adventure in mid-June for the EatLafayette kick-off event, A Taste of Lafayette, and for the third consecutive year, a sellout crowd filled the Cajundome Convention Center June 19 to hear LEDA chief Gregg Gothreaux’s State of the Economy report.
A look at recent hirings, promotions and other announcements from Acadiana's business community.